Description

    Genuine 30s 1769 Pennsylvania - PCGS 40PPQ

    Pennsylvania March 1, 1769 £1 10s PCGS Extremely Fine 40PPQ.
    The first genuine example that we have handled of this note and very likely the second highest survivor in existence. The note is not priced above fine in either Newman or Friedberg and the only nicer example we have ever seen is the Newman plate note which is right around this same grade though slightly better margined. All the notes from this issue are rare as they were called for redemption. This issue was called for redemption due to the number of well executed counterfeits that were circulating. This denomination along with the £3 were counterfeited. Herman Rosencrantz was convicted of producing counterfeits of the £3 notes and he was executed on May 5, 1770 in Philadelphia as a result. PCGS has not released a Colonial Population Report, but PMG has not graded a single example of this note. This genuine example should command a solid four figure price.


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    Auction Dates
    January, 2014
    8th-13th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
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