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    Exceedingly Rare June 1780 20 Shillings Note

    Rhode Island June 1780 20 Shillings Fr. RI-281b PMG Very Fine 20.
    This is an epic late Rhode Island Colonial note rarity from a series not represented in the Newman Collection. It is the first individual note from the issue we have cataloged for sale. Examples were virtually unknown, except for the paltry two denominations in the F. C.C. Boyd Collection. Each of those has been the Newman plate note over the course of five editions. Serendipitously, a compact cache of this issue appeared as a group lot in our September 2007 Currency Auction #448; included with the six notes was an 1859 pedigree documentation. That amazing find sold for $46,000 attesting to its immense desirability. This serial number 297 (or 299 as reported on Track & Price) was part of that sextet, and is one of the finer examples of the size. Printed by B. Wheeler with the imprint in a cartouche on the back. The issue's legal tender status was brief, and we would assume those notes issued were rapidly withdrawn. Apparently, the lesser denominations were not emitted, and their existence is unconfirmed. A solid note, broadly margined, with a cluster of pinholes in the center. PMG noted "Splits," observed at sides of the horizontal crease. There is a crossed-out, lengthy annotation on the back underneath the printed area. The Boyd Collection 20 shillings (Newman plate note in the first through fourth editions) realized $12,650 in October 2006. That example is superior to this note, but rim mounted in light cardboard. An important opportunity to acquire one of the great rarities from Rhode Island and the entire late-Colonial currency genre.
    From the Hunter Collection.

    Auction Info

    Auction Dates
    February, 2021
    11th Thursday
    Internet/Mail Bids: 17
    Lot Tracking Activity: N/A
    Page Views: 444

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