Complete Sheet of Two $50 February 8, 1779 Notes PMG Uncirculated 62South Carolina February 8, 1779 $50 Full Sheet of Two PMG Uncirculated 62.
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 printed, 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 was also a silversmith. In his free time, he studied painting with Henry Benbridge. Coram drew several scenes of the Battle of Fort Moultrie. In April 2012 we sold a nearly identical sheet of these graded 63 by PCGS. That realized $5750. A photo match makes it appear that this is the superior of the two sheets, despite of this one point difference. PMG comments, "split," which is a short split at the edge of the center fold that does not even approach either note.
Estimate: $4,500 - up.
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