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Pennsylvania March 1, 1769 £3 PCGS Very Fine 20....
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Pennsylvania March 1, 1769 £3 PCGS Very Fine 20. This is the first example of any note from this issue that HCAA has handled. Only four denominations were produced, and all four are meaningful rarities. 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. Rosencranz's. All three signatures are bold, and the VF-20 grade appears quite conservative.Estimate: $2,000 - up.
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