DescriptionNorth Carolina May 28, 1757 £5 per Cent PCGS Apparent Very Fine 25.
The entire May 28, 1757 issue is unpriced in Newman and there are no indications of any recent auction records. The note in fact is more attractive than the plate piece in Newman and is very important with this level of eye appeal. Each of the four different denominations has two varieties. This is the one claiming interest at 6 per Cent rather than 6 per Centum. The notes were printed by James Davis and signed by Thomas Barker and John Starkey. Repaired spits and internal tears and multiple pinholes were cited by PCGS as the reasons for the apparent grade. The repairs are merely the ordinary strengthening of splits that are nearly always seen on notes of this era. In terms of eye appeal and desirability this note is every bit as nice as the Midnight Ride example that we sold for a near four figure price in 2009.
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