Description

    Pennsylvania March 1, 1769 £3 PCGS Apparent Very Fine 20.
    We have handled very few examples from this scarce issue. Only four denominations were produced, and all four are meaningful rarities. This plate letter B £3 is number 720 of only 3000 printed. The 30s and £3 notes were counterfeited. 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. This note was a Hall & Sellers produced item, not one of Mr. Rosencrantz's. Newman mentions that although these notes include text that they are indented, they were not. This note is well signed and the Apparent VF-20 grade appears to be quite conservative. The Apparent grade is due to "small edge splits; minor restorations".


    Estimate: $1,500 - up.

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    Auction Dates
    January, 2014
    8th-13th Wednesday-Monday
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