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Home / Currency / 2015 April 22 - 28 CSNS Currency Signature Auction - Chicago Auction #3533 / Lot #19526
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    LOT #19526  | 
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    North Carolina 1780 (April 17, 1780 Act) $50 Liberty and Peace, the Reward of Virtuous Resistance Fr. NC-190b. PCGS Fine 15 Ap...

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    • Colonial Notes:North Carolina, North Carolina 1780 (April 17, 1780 Act) $50 Liberty and Peace, the Reward of Virtuous Resistance Fr. NC-190b. PCGS Fine 15 Ap...
      Colonial Notes:North Carolina, North Carolina 1780 (April 17, 1780 Act) $50 Liberty and Peace, the Reward of Virtuous Resistance Fr. NC-190b. PCGS Fine 15 Ap...
    • Colonial Notes:North Carolina, North Carolina 1780 (April 17, 1780 Act) $50 Liberty and Peace, the Reward of Virtuous Resistance Fr. NC-190b. PCGS Fine 15 Ap...
      Colonial Notes:North Carolina, North Carolina 1780 (April 17, 1780 Act) $50 Liberty and Peace, the Reward of Virtuous Resistance Fr. NC-190b. PCGS Fine 15 Ap...
    Colonial Notes:North Carolina, North Carolina 1780 (April 17, 1780 Act) $50 Liberty and Peace, the Reward of Virtuous Resistance Fr. NC-190b. PCGS Fine 15 Ap... Colonial Notes:North Carolina, North Carolina 1780 (April 17, 1780 Act) $50 Liberty and Peace, the Reward of Virtuous Resistance Fr. NC-190b. PCGS Fine 15 Ap... Colonial Notes:North Carolina, North Carolina 1780 (April 17, 1780 Act) $50 Liberty and Peace, the Reward of Virtuous Resistance Fr. NC-190b. PCGS Fine 15 Ap... Colonial Notes:North Carolina, North Carolina 1780 (April 17, 1780 Act) $50 Liberty and Peace, the Reward of Virtuous Resistance Fr. NC-190b. PCGS Fine 15 Ap... View More >
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    $3,780 or more

    This item's owner is actively responding to offers, usually within 3 days. Most owners in this category are still actively buying, and therefore interested only in offers where they can net (after our 10% fee) an amount sufficiently above today's market value. Owners in this category seldom counter-offer, and will usually simply reject offers placed at current auction values or lower.
    Offers to date:
    $3,600 on October 30, 2020
    $3,400 on July 29, 2019

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    Description

    Exceedingly Rare 1780 $50 Motto Type

    North Carolina 1780 (April 17, 1780 Act) $50 Liberty and Peace, the Reward of Virtuous Resistance Fr. NC-190b. PCGS Fine 15 Apparent.
    This is an exceedingly rare and unusual type. Though dated August 8, 1778 on the face, the back is dated 1780. There are three motto types for the notes, all of which are $50 denominated. with themes of relating to Independence, Liberty, and Persecution. Only 498 were printed of each motto, and few have survived. The Boyd collection note was an INDEPENDENCE motto type (Liberty and Peace, / the Reward of / virtuous Resistance) and realized $8,050 at Ford XV in October 2006. This Apparent example has "Edge Splits, Tears and Minor Fraying." The corners are rounded and there is splitting, but the extreme rarity must be taken into account.

    Ex: Eric P. Newman Numismatic Education Society.

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

    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 428

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

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    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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