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    PMG AU 50 December 29, 1785 40s North Carolina

    North Carolina December 29, 1785 40s PMG About Uncirculated 50.
    Previously from our fall 2009 Midnight Ride auction, where it was described, "This is the finest yet graded by PMG for the entire eight-denomination issue, and one of only two in total for the entire issue. This is an extremely rare note in any grade, and this piece is very likely the finest known. The plate note in Newman for this denomination is a counterfeit. The issue is unpriced in Newman, but they cite some auction records: a VF Forty Shilling realized $3,220 in October of '06, and an XF 1s realized over $7,000 in May of '05. This lovely AU 50 is flawless, without a hint of a problem of any sort. It certainly seems to be a candidate for the 55 grade. The signatures are clear, as is the serial number, and the note is beautifully margined on the face and only slightly less so on the back. One of the highlights of the Midnight Ride collection, as it will surely remain a highlight in the collection it now enters." Since that time, PMG has graded a single 53 above this note, with nothing higher.
    From the Cherry Blossom Collection


    View all of [The Cherry Blossom Collection ]

    Auction Info

    Auction Dates
    September, 2018
    5th-11th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 190

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