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    Description

    South Carolina June 1, 1775 £50 PCGS Apparent Very Fine 20.
    This is a superb condition example of a very scarce denomination. We often see the £10 note, but rarely ever this £50 denomination (this is our seventh ever with most of the others rags). PCGS notes "Restorations; Piece Added at Top Right; Design Redrawn," all of which affects the upper right corner area only with the rest of the note being perfectly natural. All five signatures are bold and none of the text save for the "£50" at the upper right is affected by the restoration. The large vignette shows a person contemplating a clearing storm surrounded by the Latin motto POST TENEBRAS LUX which Newman translates, "After the Darkness, Light." This note has great margins, exceptional detail and bold signatures. So often these have major problems but this one does not. The last example we sold was a PMG Very Good 8 Net from the storied Midnight Ride collection which brought $402.50. In a far more sophisticated market and in a far better grade we fully expect a four-figure price to be realized once the hammer falls.


    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 162

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