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    Description

    Modern Times, NY- Frank Blaisdell Labor Exchange Note 1857
    Modern Times, NY was founded in 1851 as a "colony" of free thinkers and had its own currency that was based upon labor that was utilized to facilitate barter of goods and services. The town name was changed to Brentwood in 1864. This example, issued by a prominent citizen of the town, Frank Blaisdell, was payable in two hours of carpentry labor or sixteen pounds of corn. It is far rarer than the more commonly seen Labor Exchange notes of the late 1890s and an important add for any New York collection. PCGS Very Fine 25 with minor ink erosion and stains. This is the first time we have offered any denomination from this merchant in any of our auctions.


    Auction Info

    Auction Dates
    Apr-May, 2018
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 277

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