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Early Paper Money of America / New York / 1776 January 6, New York City

£2,750 in Promissory Notes of the City of New York, known as the third Water Works issue, were approved by the Act of Council on Jan. 5, 1776. The small 3 above T indicates the third issue. The same cuts and set type were used as in prior issues. Dark coarse paper backs on all denominations. Printed by Hugh Gaine in red and black on the face and in black on the back. Signers were N. Bayard, George Brewerton, John H. Cruger, Andrew Gautier, and J. Watts, Jr.

2s [2,500]
4s [2,500]
8s [5,000]

Four minor varieties of each denomination.
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