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    Description

    Pennsylvania Bank of North America August 6, 1789 1d About New. There is a minor cornerfold, and part of the top margin has been restored, but this is essentially an uncirculated example of this very scarce note. According to Newman, "Bank of North America Small Change Bills Payable in Specie were issued because of the 'Copper Panic' of July 1789, when circulating copper coin was refused." He goes on to say they were "printed by Benjamin F. Bache on paper furnished by Benjamin Franklin which had a polychrome or marbled edge on both sides." This three-ninetieths of a dollar note has the bold multihued marbling covering about 75% of its back. A very nice example of one of the most important and historic issues.

    Auction Info

    Auction Dates
    May, 2005
    5th-7th Thursday-Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
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