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    Important Rhode Island July 5, 1715 Redated 1721 4s6d Tall Bill

    Rhode Island July 5, 1715 Redated 1721 4s 6d Fr. RI-12b PMG Extremely Fine 40 Net.
    All early "Tall Bills" of credit are rare to unique. They are among the elite of Colonial currency collecting and encountered in the most important collections such as Boyd, Newman, Clarke, Haseltine, Chapman, and other luminaries who recognized their historic significance and rarity. This note has considerable eye appeal, but has some noted restoration. It is sharply printed and has excellent red color remaining on the back filigree work. The note is from the "Second Bank" series and acted as a loan with any interest due payable in flax and hemp (noted in the act, but not the obligation). The obligation text is in the center, indenting aviary details at the top. The Rhode Island arms appear at the lower left as does the Rhode Island emblem. Three bold signatures of William Coddington, Robert Gardner and Nathaniel Coddington. The redate "1721" is at the right. The top half of the back is ornately engraved and printed in red. Excellent paper body and deeply printed due to an early plate state. The Boyd Collection raw "Very Good" 5 pounds sold as Ford Part III: Lot 557 for $14,950. The 5 Shillings Newman plate note, illustrated on page 374 of the fifth edition of The Early Paper Money of America, sold in Newman Part VIII for $26,400 in fierce competition. This note is much finer and is likely unique for the denomination. This very solid example has the attributes to clear five-figures with ease and is a Colonial note highlight in this well-rounded FUN 2020 auction sale.

    Auction Info

    Bidding Begins Approx.
    20th Friday
    Auction Dates
    8th-13th Wednesday-Monday
    Proxy Bidding Begins Approx.
    6 Days
    Bids + Registered Phone Bidders: N/A
    Lot Tracking Activity: N/A
    Page Views: 84
    Auction Type
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