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    Description

    Extremely Rare and Choice 5 Shillings "Island Money" Note

    Pennsylvania April 29, 1780 5 Shillings Fr. PA-225. PCGS Extremely Fine 40 Apparent.
    This is an intriguing and very rare series printed by John Dunlap. The Boyd Collection had five different denominations which were acquired over decades. They are rarely seen or offered for sale. This was an interest bearing issue, at the rate of 5%, and to be redeemed in "Silver Dollars." The notes were mostly redeemed and the issue was not repudiated, like all the other early states' obligations, after the Revolution. This is a superior example, and we believe it to be finer than the Boyd note. Cited are "Minor Mounting Remnants on Back," and they are indeed minor. The face projects well printed surfaces on both sides with reasonable margins. A very handsome example from a rare and unusual series.

    Ex: Eric P. Newman Numismatic Education Society.


    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

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    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 272

    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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