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    Description

    South Carolina April-May, 1775 £20 Private Promissory Note PMG Very Fine 20, pen cancelled.
    We have offered only two other examples of this rare indented private promissory note. One of those two examples had split into four pieces and was graded a raw VF. It realized $960 in our September, 2020 Long Beach auction. The second example was intact, like the note in this lot, and graded PCGS Apparent XF 45. It closed at $4,465 in January, 2017. This issue consisted of only £20 and £50 denominations and was for war expenditures prior to the organization of the South Carolina Provincial Congress. All notes are signed by M(iles) Brewton, B(enjamin) Huger, Thos. Lynch, Henry Middleton, and Roger Smith. Henry Middleton earlier served as the second presiding officer of the Continental Congress for a brief period in 1774. He left the Continental Congress before independence was declared. His signature remains strong on this example despite being penned through during the cancellation process. Minor ink burn is cited on the third party label.
    From the Colonial Valley Collection


    View all of [The Colonial Valley Collection ]

    Auction Info

    Auction Dates
    April, 2021
    21st-23rd Wednesday-Friday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 134

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