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    Exceedingly Rare June 15, 1767 6-Pound Note-The First Hall and Sellers Pennsylvania Issue

    Pennsylvania June 15, 1767 6 Pounds Fr. PA-129. PCGS Very Fine 30PPQ.
    This distinctively printed issue is easily the rarest late series of Pennsylvania notes. We are aware of only three issued notes in private collections from the issue date including this example. The only other 6 pounds known is the Boyd note sold in Ford Part X, May 2005 (the Newman plate) graded raw Fine for $5,175. No new official notes had been printed since the June 18, 1764, Franklin and Hall notes, making this issue necessary. In the interim, 1766 Merchants Association bills that were 5% interest bearing were emitted privately. Due to the potential for fraud, as well as lack of redemption, a group of merchants were wary of this private issue. They begged the Assembly to bar private notes, and eventually an issuance of 20,000 pounds worth of bills was approved by the May 20, 1767, Act. This is the first Pennsylvania series with the Hall and Sellers imprint. The Penn family coat of arms is at lower right adjacent to a border cut with a spiraling design. The uniquely designed back makes use of the wide format with two adjacent nature print designs. Fully issued, with signers Rhoads Jr., Joseph Richardson, and Thomas Wharton. In addition to its exceptional rarity, the note is by far the finest known from the act. This serial No. 77 note is strongly printed on both sides, well detailed, and sharply signed. A vibrant example from this historically important Hall and Sellers imprint issue. Another unsurpassable example to our knowledge from the Newman Cabinet.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    November, 2017
    1st-2nd Wednesday-Thursday
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: N/A
    Page Views: 202

    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 2, 2017 for: Sign-in or Join (free & quick)
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