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    Description

    Very Rare "Island Money" Note

    Pennsylvania April 29, 1780 10 Shillings Fr. PA-226. PCGS Fine 15 Apparent.
    This is an intriguing and very rare series printed by John Dunlap, with examples rarely offered for sale or even seen. This was an interest bearing issue, at the rate of 5%, and to be redeemed in "Silver Dollars." Most were redeemed, and the issue was not repudiated after the Revolution, as were all the other early states' obligations. The Boyd Collection contained five different denominations, which were acquired over decades: a remarkable achievement. This is a superior example, and we believe it to be finer than Boyd's. Noted with "Small Edge Splits; Stains," with those stains more visible on the back. This is a rarely seen type in any grade, and only comprehensive collections have held any examples.
    Ex: Eric P. Newman Numismatic Education Society


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    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 219

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) 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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