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    Description

    North Carolina August 8, 1778 $1 Virtuous Councils the Cement of States PCGS Very Fine 30.
    Notes from this issue were printed on two types of paper, dark coarse mica flaked paper and thin unsized paper. This is an example of the dark coarse mica flaked paper. Newman reports there were 24 signers for this issue. A single signer was needed for the bills with denominations ranging from $1/8 to $2, while two signers were required for the higher denominations. Benjamin Exum's signature remains bold on this handsome note with the "Virtuous Councils the Cement of States" motto. That motto is one of two used for the $1 denomination and the only motto used for the $2 notes. PCGS cited restorations as the reason for the italicized grade.
    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
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