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    Rare and Historic Bank of North America "Marbled Back" Three Pence

    Pennsylvania Bank of North America August 6, 1789 3 Pence or $3/90 Fr. PA-274, Haxby PA-465 G16, Newman page 364.PCGS Choice About New 55 Apparent.
    An intriguing note issued by this first bank chartered by Congress. These small bills were distinctive and essential to make change before the United States Mint became operational in 1793. This small typeset bill has ornate face borders and the engraved signature of Tench Francis in block letters. It was printed on white woven paper with a striking back showing polychrome marbling, a technique also used on the early French issue U.S. Loan certificates (Anderson-Smythe US-1). The paper was manufactured by James Whatman of London and brought back by Benjamin Franklin to his grandson's printing shop. Dual denominations show "Three Pence" and "Three Ninetieths of a Dollar." The ornate back has a framed pattern at the center surrounded by floral ornaments; the imprint reads: "Printed by B[enjamin]. F[ranklin]. Bache." Noted with a "Small Edge Split in Bottom Margin near Center." The color and eye appeal are excellent, and the note type often difficult to find. This example is illustrated on the color plates of the fifth edition of The Early Paper Money of America on page 54. An early American classic with an important Benjamin Franklin association.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    November, 2017
    1st-2nd Wednesday-Thursday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 239

    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.
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