Skip to main content
Go to accessibility options


    Fascinating and Likely Unique "A Pistereen" "Test" or Essay Proof

    Virginia July 17, 1775 1 Shilling 3 Pence Small Ordinance "Test" or Essay Proof Fr. VA-71a. PCGS Very Choice New 64.
    Proofs and essays are more frequently encountered in the Obsolete and Federal currency series than in the Colonial. All known Colonial note proof and essay types might be counted on the fingers of two hands. This is an intriguing proof printed on blue fiber paper used for issued notes. The border cuts are complete on all sides including the misspelled PISTEREEN (instead of PISTAREEN) observed on issued notes. There is no obligation or text. However, this a "test" (as Eric refers to it on page 444 of his book) proof or it is appropriately an essay for an unadopted design. The Virginia Colony coat of arms is at the upper left vs. the upper right on the issued notes. The right and left border cuts are also in reversed orientation compared to those on the issued notes. This is very distinctive and fascinating. A great rarity; the only example we have seen is illustrated in the color plates of the fifth edition on page 57. The only other "test" proof like this is the Newman Collection 2 Shillings 6 Pence plated on page 444 of the fifth edition with the same arms placement at the upper left. The "Pistereen" notes have always been popular issued and this "test" or essay proof would complement a choice issued note making a superb pair. The condition is exceptional, and this is its first offering at public auction.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    November, 2017
    1st-2nd Wednesday-Thursday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 146

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
    Sold on Nov 1, 2017 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2022 April 22 Paper Money Fair - Netherlands World Banknote Signature® Auction - .

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search