Pennsylvania March 1, 1769 £1 10s PCGS Very Fine 30.Click the image to load the highest resolution version.
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DescriptionPennsylvania March 1, 1769 £1 10s PCGS Very Fine 30.
The third genuine example that we have handled of this note and really scarce, too. The note is not priced above fine in either Newman or Friedberg and the only nicer example we have ever seen is the Newman plate note which is right around this same grade though slightly better margined. All the notes from this issue are rare as they were called for redemption. This issue was called for redemption due to the number of well executed counterfeits that were circulating. This denomination along with the £3 were counterfeited. Herman Rosencrantz was convicted of producing counterfeits of the £3 notes and he was executed on May 5, 1770 in Philadelphia as a result. PCGS notes some Restorations and assigned the italicized grade. PCGS notes this was signed by John Nixon, a well-known financier from Philadelphia who was an important player in the struggle for independence.
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