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    Rare New York Guaranteed Note Signed by Henry Rutgers

    State of New York June 15, 1780 $7 Fr. NY-211. PCGS Very Fine 30 Apparent.
    The State of New York Guaranteed by the United States notes are among the rarest, with only 1,413 notes of each denomination authorized. They are rarely encountered and only the Boyd collection had a significant denomination grouping from the eight emitted. Standard Guaranteed note style with obligations on the face, within border cuts and the back with color emblem and imprint. Fully signed on the face by Evert Bancker and Henry Rutgers, properly countersigned on back by Yates, Jr. The Henry Rutgers signature is more than a historical footnote. He signed this note at age 35, having returned to New York City at the behest of patron George Clinton for public service. As compensation for signing notes, he was paid 2 shillings per 100 notes signed (excerpted from "An Act for the Payment of certain contingent Expences [sic] of this State," April 14, 1782). Solid paper body and bold orange color. Some scattered "Rust Stains" are noted and show through each side, but this rare note is not often encountered.

    Ex: Eric P. Newman Numismatic Education Society.

    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

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    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 137

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) 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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