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    North Carolina April 2, 1776 $1/8 Monogram JM PCGS Very Good 10.
    This example was from our January 2017 Newman auction, where it was described, "Another exceedingly rare low-denomination type with an unusual monogram at the lower left. The 'JM' monogram also uses a mirrored image style with the lettering in white on a darker background. This type was also missing from the comprehensive Boyd Collection. Though 12,500 were authorized, few still exist. Despite some faults, this is attractive. Noted with 'Edge Splits, Tears, and Minor Damage; Edges Repaired and Reinforced.' The repairs are seen mostly from the back." It has since been re-holdered to replace the apparent grade with the italic 10. The comments remain the same, but the holder has lost its Newman pedigree. The note realized just over $7,600. Possibly unique, this is the sole note graded by PCGS and the only example we have offered of this rare design.
    From the Thomas A. Gray Collection of North Carolina Colonial Currency

    View all of [The Thomas A. Gray Collection of North Carolina Colonial Currency ]

    Auction Info

    Auction Dates
    September, 2018
    5th-11th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 88

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