Description

    Pennsylvania April 10, 1775 £5 PCGS Choice New 63PPQ.
    This gorgeous, Uncirculated red and black £5 note earned the PPQ modifier from PCGS. Embossing is visible through the holder. Only 1,667 of these plate letter A £5 notes were printed and this piece is numbered 3327. Lindsay Coats, Edward Roberts, and Job Bacon signed this example. The text above the vignette on the back faces in the opposite direction. The notes were issued in order to raise money to build jails. Philadelphia's city jail, Walnut Street Workhouse, newly built to alleviate crowding at the existing jail, is illustrated on the back. As was typical at that time, the building was U-shaped. It was based on the designs of the most prominent architect in Pennsylvania at the time, Robert Smith. The jail was bound by Walnut Street, Sixth, and Prune Street (which later became Locust). The local Quakers worked diligently for prison reform and were rewarded in 1790 when the Walnut Street Jail became the first penitentiary in the country. It was demolished circa 1835.


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    Auction Dates
    Sep-Oct, 2013
    25th-1st Wednesday-Tuesday
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