| Description |
New Jersey July 2, 1746 6 Pounds NJ-64. PCGS Very Good 10 Apparent. This is the earliest confirmed 6 pounds note from New Jersey, and important as such. It the only reported example and it is possibly unique. Only 400 notes of this denomination were authorized. The enactment of June 28, 1746, specified these notes as "Money of America." This series, which established the sizes and styles for New Jersey Colonial notes for the next few decades, was printed by Benjamin Franklin. The face displays the Royal Arms (in black) and obligation (in red), and the back shows a nature print of a sage leaf. Notes from the series are seldom seen. The 15 shillings from the Boyd Collection, raw graded "Good," realized $4,312 at the Ford Part III sale in May 2004. The Newman Collection was blessed with three denominations from this key series. The 12 shillings graded PCGS About Good 3 Apparent realized $940 in the May 4, 2016, Newman Part 1 Internet sale. The 15 shillings graded PCGS Good 4 Apparent realized $1,292.50 in the January 11, 2017, Newman Part 3 Internet sale. This third and final example is much rarer and superior in grade. Despite the noted "Splits, Tears, and Minor Damage; Tape Repair on Back," the grade should be considered strong for such an early note which would have circulated heavily. The note is rounded inward all around the perimeter, affecting the bordering lines. Compensating is the delightful red text printing at the top and in the upper right quadrant, the image of a bird at far left, the detailed coat of arms, and still-visible signatures. The back is a bit dusty with scotch tape residue visible. The "Printed by B. Franklin" imprint is visible at the right. From a rare series, printed by Franklin, and possibly unique. This note is very collectible. Ex: Eric P. Newman Numismatic Education Society.
From Newman X (Heritage Auctions, November 2018), lot 20027, realized $0. |
