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    Very Rare 1780 New York Guaranteed $5 Note

    State of New York June 15, 1780 $5 Fr. NY-210. PCGS Very Fine 25 Apparent.
    The State of New York Guaranteed by the United States notes are among the rarest in that series, with only 1,413 notes of each denomination authorized. They are seldom encountered; only the Boyd collection had a significant denomination grouping from the eight emitted. The $5 denomination is thought to be Rarity 8 (1-3 known). Standard Guaranteed note designs with obligations are on the face within border cuts, and the back displays the color emblem and imprint. This note was fully signed on the face by Evert Bancker and Reynard Mynderse (Henry Rutgers also signs the face of this series), and properly countersigned on back by Abraham Yates, Jr. A sharp-looking example. The noted "Small Edge Tears" are compensated for by excellent margins and red back color. The $7 New York Guaranteed note in the April 2015 Newman VI sale realized $3,760 in PCGS Very Fine 30 Apparent. This has superior eye appeal to that $7 note and is the finest of three genuine denominations from the rare issue in the Newman Collection. An important opportunity to obtain a note from a rarely offered series.
    Ex: Eric P. Newman Numismatic Education Society


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    Auction Info

    Auction Dates
    November, 2017
    1st-2nd Wednesday-Thursday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 147

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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