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    Description

    High-Grade August 8, 1778 $4 "Lesson ..."

    State of North Carolina August 8, 1778 $4 A Lesson... Fr. NC-175 PMG Uncirculated 62 EPQ.
    A rarity in this high grade. The North Carolina motto type notes have been underappreciated by modern collectors, especially compared to the April 2, 1776, vignetted types. Many are much rarer than collectors recognize. Uncirculated, EPQ notes are seldom seen, and this example might be the finest known. Mike acquired it in the Stack's June 1991 sale, and it is certified for the first time. The lengthy slogan, "A Lesson to arbitrary / Kings, and wicked / Ministers," directly references the causes and consequences of the American Revolution. Ex: Stack's, June 1991 sale (Edward Hessberg and others), lot 1039. The only note on Track & Price reported finer is uncertified Choice Uncirculated (serial no. 34542, ex: Lyn Knight, November 2013 sale, lot 1612). Superior to all three Boyd Collection notes. This remarkable example presents an excellent opportunity for specialists.
    From The Mike Coltrane Collection.


    Auction Info

    Auction Dates
    November, 2020
    29th Sunday
    Internet/Mail Bids: 19
    Lot Tracking Activity: N/A
    Page Views: 118

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