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North Carolina December, 1771 £5 PCGS About New 53PPQ.. ...
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North Carolina December, 1771 £5 PCGS About New 53PPQ.A problem-free example of this much scarcer denomination from the most common North Carolina issue. PCGS has awarded the PPQ comment along with the About New Grade. The lower denominations from this issue exist in hoard quantities, and most are available in high grade. This Five Pound denomination is seen with far less frequency and virtually never as a problem-free, lightly circulated piece. This note is unusually well-margined, bright and attractive with a half-dozen or so contemporary endorsements on its blank back. PCGS has graded this and one other 53 with two 55s above them. There have been no Uncirculated examples seen at either service with the highest PMG piece an AU 50.
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