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Lot 19281

Image Information

Type Currency
Title Lot 19281
Country U.S.
Grade Fine 15
Service PCGS
Description Raleigh, NC - Treasury of North Carolina-Act of 1816, Chapter 6 10 Cents July 4, 1817 Cr. 010. PCGS Fine 15. An extremely rare note and series as listed in Hugh Shull's A Guidebook of Southern States Currency (known as Shull-Criswell). This is from the third series of notes, and the type is not plated in Shull-Criswell. An intaglio engraved note by Murray, Draper, Fairman & Co. At the top center, in the small circle, a woman works at a spinning wheel, above the TEN CENTS across. There are intricate end panels with outlined text. Across the center are the title, obligation and signature spaces. Assigned a Rarity-11 rating (2-4) known, and our research confirms this. Our CAA September 2003 Raleigh collection did not contain any examples from the early Treasury note enactments. The Charles Affleck North Carolina collection (NASCA Van B. Elliott sale catalog, May 1, 1979) also did not contain a note from the series. The condition is superior to that seen on the majority of early North Carolina Treasury notes. Most of those observed notes, of all types, generally average Good or so, and many show significant damage. The only very high grade notes we have researched comprised a quintet of 1814 Act notes in the 1981 NASCA Vacca Sale (Lots 625-630), and four were later sold in the NASCA-Smythe 1990 Memphis auction. Solid body is seen throughout, with just some minor damp toning at the lower left. This is an important, early North Carolina note. Ex: Eric P. Newman Numismatic Education Society. Realized $822.50. Newman VI (Heritage Auctions, 4/2015), lot 19281. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part VI
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