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Virginia April 1, 1773 £3 PCGS Very Fine 35.. ...
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Sold on Sep 7, 2011 for:
$1,725.00
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Description
Beautifully Preserved April 1, 1773 £3 James River Bank Form
Virginia April 1, 1773 £3 PCGS Very Fine 35.A beautifully preserved £3 example housed in a comment free holder that retains bold handwritten elements and areas of bold embossing. This note has fantastic eye appeal and a sharply printed ship vignette. This was an emergency issue that came about as the result of well executed counterfeits of the Nov. 1769 and July 1771 Treasury Notes that led to an immediate recall. The most expedient solution to replace the notes was the use of these indented forms that were brought from England by Col. Thomas Tabb and were intended to be issued by the James River Bank, a proposed private bank that the Crown refused to approve. The forms were filled in by hand in order to include the appropriate text within the printed forms. The notes were housed in books of 100 bills and the book numbers were incorporated into the numbering scheme, with the top number representing the number assigned to each book of bills and the lower number representing the serial number. An interesting piece of history signed by John Blair, B. Dandridge, and Robert Carter Nicholas. The £3 notes had the lowest quantity of the five denominations that were issued, a mere 500 pieces, further adding to the appeal of this wonderful surviving example. The Friedberg reference cites a value of $4500 for these notes in Very Fine.
From the Kings Mountain Collection
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Auction Info
2011 September Long Beach Signature Currency Auction #3514 (go to Auction Home page)
Auction Dates
September, 2011
7th-12th
Wednesday-Monday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 328
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15% of the successful bid per lot.
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