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    Choice and Extremely Rare "Island Money" Note

    Pennsylvania April 29, 1780 30 Shillings Fr. PA-229. PCGS Extremely Fine 45 Apparent.
    This is an intriguing and very rare series printed by John Dunlap. The Boyd Collection had five different denominations that were acquired over decades. They are rarely seen or offered for sale, except from advanced collections such as Newman's. This denomination appears to be Rarity 8 (1-3 known). This was an interest-bearing issue, at the rate of 5%, and to be redeemed in "Silver Dollars." The notes were mostly redeemed and the issue was not repudiated, like all the other early states' obligations, after the Revolution. Printed on two sides on watermarked PENNSYL / VANIA paper. This is a superior example, and the denomination was not in the Boyd Collection. Cited are "Minor Mounting Remnants on Back," and they are indeed minor. The face has excellent margins, and the note has well-printed surfaces on both sides. A very handsome example from a rarely encountered and unusual series.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    November, 2017
    1st-2nd Wednesday-Thursday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 160

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
    Sold on Nov 1, 2017 for: Sign-in or Join (free & quick)
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