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    Description

    Wonderful 7s Tall Bills Note

    Province of New Hampshire December 25, 1734 Portsmouth Merchants' Note 7 Shillings Fr. NH-38.4 PMG Choice Extremely Fine 45.
    Now the third highest of four denominations printed for this Merchants' issue as the latest Friedberg edition has eliminated the 5s denomination from its listing, which is understandable, as the 5s was not represented in the Ford Collection. Bold signatures on the note in this lot are of And(rew) Wiggin, Josh(ua) Peirce, and Hen(ry) Sherburne. The back has a dark signature of Hunking Wentworth, which was needed for any note of this issue to be circulated. Even though the British Crown had opposed any more New Hampshire paper money issues, Wentworth and other area merchants saw a need to support a circulating medium in order to facilitate trade and therefore this promissory issue was born. This led to the use of the Latin phrase BENEFICIO COMMERCI within the pine tree vignette on the face, which translates to, "for the benefit of trade." The notes bore a 1% interest rate and were payable on December 25, 1746. They were printed on two sides on laid paper and the back features a distinctively designed ship sailing westward to the Colonies. PMG mentions tears, but overall, it is a very handsome, lightly circulated "Tall Bills" example that is a wonderful representative from this interesting series.
    From the Colonial Valley Collection




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    Auction Dates
    April, 2021
    21st-23rd Wednesday-Friday
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