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    Description

    Pennsylvania March 1, 1769 £1 10s Contemporary Counterfeit PCGS Very Fine 20. We have handled very few examples from this scarce issue. Only four denominations were produced, and all four are meaningful rarities. The 30s and £3 notes were counterfeited. This is one of those counterfeits. Although the "To Counterfeit is DEATH," motto which appears on this note and most all other Colonials in one form or another was generally ignored, it was not in this case. On May 5, 1770 a Mr. Herman Rosencranz was executed in Philadelphia for counterfeiting the £3 denomination of this issue. Although it is not a certainty that Mr. Rosencranz was also responsible for these 30s counterfeits, it is certainly a likelihood as the forged signatures on his £3 notes identically match those on this 30s. This is almost certainly an example of a note produced by the star-crossed Mr. Rosencranz. It's the first example of this counterfeit that we have handled, and with its historic and somewhat grim background, we would not be surprised to see it realize as much as a genuine example.

    Estimate: $750 - up.

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    Auction Info

    Auction Dates
    June, 2010
    17th-21st Thursday-Monday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 221

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