DescriptionSouth Carolina February 8, 1779 $60 PCGS Choice About New 58PPQ.
This piece has three broad margins, but the top margin is quite tight. It is a very well signed, bright and attractive example of this extremely popular issue. Both the faces and backs of these notes were elaborately engraved by Thomas Coram of Charleston, South Carolina. The face vignette is of a seated Liberty figure holding a cornucopia, surrounded by a ribbon with the Latin motto "MUTUA DEFENSIO TUTISSIMA," which Newman translates as "Mutual defense is safest." The back features a lyre surrounded by horns, flags, and vines. This $60 denomination is from the original issue of $40, $60, $80 and $100 notes. $50, $70 and $90 denominations were added later, and all are somewhat more common, particularly in the higher grades. The most recent comparable piece was a raw Choice About New that we auctioned in May of 2007. That piece which was similarly centered but with far narrower margins realized $2,472. This note is as bright and fresh as the day it was printed and includes the deep impression of the plate edge on the left right and bottom.
Estimate: $3,250 - up.
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