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North Carolina April 2, 1776 $1/8 Dog PMG Very Fine 25 NET....
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North Carolina April 2, 1776 $1/8 Dog PMG Very Fine 25 NET. This is the first example of this $1/8 with the dog vignette that HCAA has handled and only the third we've seen. In fact, in all our sales combined, we have handled only two of the eight varieties of this $1/8 denomination. This April 2, 1776 issue is one of the most fascinating in all of Colonial Currency. It's composed of denominations running from $1/16 to $20, with as many as eight different vignettes for several of the denominations. The low-denominated notes are virtually never seen. A complete set of this issue is 56 notes and to our best knowledge, only two complete sets have ever been formed. The Midnight Ride Collection being offered here does not have a complete set, but it has many of the very rarest pieces - this dog among them. The net grade is due to a well repaired split at the bottom of the diagonal center fold. Save for that, the note would likely have graded 35.From The Midnight Ride Collection
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