Description

    Pennsylvania Bank of North America August 6, 1789 1d Gem New. The population of these notes is very small, and this is the nicest one of these we have been able to offer. According to Newman, "Bank of North America Small Change Bills Payable in Specie were issued because of the 'Copper Panic' of July 1789, when circulating copper coin was refused." He goes on to say they were "printed by Benjamin F. Bache on paper furnished by Benjamin Franklin which had a polychrome or marbled edge on both sides." This example is very well margined with the natural cream colored paper and the left edge deckling from where the note was taken from the sheet. Deep and original embossing is found on this lovely note which is a touch nicer than the example in our recently completed FUN Signature Sale.

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    Auction Dates
    January, 2008
    15th-22nd Tuesday-Tuesday
    Internet/Mail Bids: 2
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    Page Views: 250

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