Description

    Wonderful $50 Complete Sheet of Two

    South Carolina February 8, 1779 $50 Complete Sheet of Two PMG Choice Uncirculated 64 EPQ.
    A wonderful South Carolina complete sheet of two $50 notes. There is a center fold that falls between the two notes and affects neither. The issue was authorized by Ordinance No. 1113. Among the provisions was that the appointed Commissioners were "exempted from duty in the militia" while the notes were being stamped, signed, and numbered. The Commissioners who signed these examples were Edward Trescot, Joseph Atkinson, and Theodore Gaillard, Jr. When the plates for this issue were prepared, Thomas Coram of Charleston engraved both the faces and the elaborate backs, but he did not sign his work. When $50, $70 and $90 denominations were added later in the year, Coram engraved his name on the back of those three denominations. This $50 denomination bears the "T. Coram Sculp. 1779" in the ground below the knee of the mythical Atlas. Coram was self taught and, in addition to his work as a merchant and engraver, he also studied painting with Henry Benbridge. Coram drew several scenes of the Battle of Fort Moultrie. This pair is Top Pop for the denomination at PMG, with only a single $40 note graded higher for the entire seven denomination issue. PCGS has graded another pair 63, and they are the only Uncirculated Corams at PCGS. The PMG holder mentions this pair as being from the John Jay Ford Collection.


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    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
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