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    Description

    Exceedingly Rare May 17, 1783 2 Shillings

    North Carolina May 17, 1783 2 Shillings Corinthian Column Fr. NC-203 PCGS Apparent Fine 15.
    The amount of 100,000 Pounds Sterling was authorized in these legal tender bills printed by Thomas Davis. Few, genuine or contemporary counterfeit, are known today. This two shillings is listed as unconfirmed in Friedberg. Mike obtained this prize note from the Thomas A. Gray Collection auction in 2018. Many of the rarities in that sale were privately purchased and new to the auction arena when we cataloged and sold them at our 2018 Long Beach sale. There are less than a handful of genuine notes known to us. In the past, counterfeit 10 shillings notes have often been miscataloged or vaguely described. Printed on thin, delicate laid paper. Broad in width (similar in size to the August 21, 1775 series) compared with many earlier North Carolina Colonial issues. The motto IN RECTO DECUS (Honor in the right) is on a waving banner suspended from a tall Corinthian column in a rectangular frame at the left. The printing is sharp, but the note was severed and rejoined. Grading notes "Restorations; Edges Frayed." Not in Newman or Boyd. Possibly unique, and the only example on the Track & Price census. Ex: our 2018 Long Beach sale, lot 20261, where it realized $3,840; Thomas A. Gray Collection of North Carolina Colonial Currency. Obtaining any genuine bill from the act is a great achievement. We sold a 6 Pence from the issue in the Newman sales for $998.75 graded PCGS Apparent About Good 3. A key note and one of the highlights in Mike's North Carolina Colonial currency collection. Estimated conservatively in relation to its immense rarity.
    From The Mike Coltrane Collection.


    Auction Info

    Auction Dates
    November, 2020
    29th Sunday
    Internet/Mail Bids: 16
    Lot Tracking Activity: N/A
    Page Views: 143

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