DescriptionNorth Carolina August 8, 1778 $4 A Lesson to Arbitrary Kings, and Wicked Ministers PMG Choice Uncirculated 63 Net.
The only other third party graded Uncirculated example of this denomination that we have sold was in our Fall 2009 Midnight Ride Collection auction. That note, which was graded PMG 64, used this description: "We have sold about a half dozen examples of this denomination over the years, but none have rivaled the grade of this extraordinary piece. This is not a particularly rare issue, and notes up through XF grade are seen with some frequency, but Uncirculated examples are truly rare. Save for the $5 denomination, this is the only Uncirculated note of this issue that PMG has graded. Not priced above EF in Newman." It realized $1,265 five years ago. The Net grade on this note is caused because it was "Previously Mounted."
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