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    Description

    Virginia April 1, 1773 £8 PMG Choice Fine 15.
    The discovery of large numbers of counterfeits from the 1769 and 1771 series notes prompted emergency action to recall and redeem these issues. The best available issues to accomplish this were unissued notes from the James River Bank which the Crown had previously refused to authorize. Their use was approved by the Virginia Assembly with the provisos that new notes on English paper would be substituted by June 1, 1774 and that the backs were printed. £36,384 was the authorized amount, with denominations ranging from 20s to £12. 1200 £8 notes were printed for this emergency issue. All of the note's design features are clear and the signatures of Peyton Randolph, Robert Carter Nicholas, and John Blair are dark and quite bold. Aside from some minor edge roughness such as small splits and tears, this note is surprisingly intact, with the English paper proving its durability. Very scarce with just a handful of examples known.


    Auction Info

    Auction Dates
    August, 2021
    1st Sunday
    Internet/Mail Bids: 55
    Lot Tracking Activity: N/A
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