|Date||April 2, 1759|
|Grade||Very Fine 35|
|Service Catalog #||5101560|
Colony of New York April 2, 1759 5 Pounds Fr. NY-156. PCGS Very Fine 35 Apparent. There were 100,000 pounds authorized in three denominations for this issue. The coarse backs, which were prone to split in half quickly, were replaced by thin laid paper only. However, notes from this issue are usually low grade and rarely appear in this choice condition. In the standard small format with New York arms at the right and border cuts on three sides. Printed by William Weyman. The signature trio of Marston, Reade, and John Morin Scott is sharply penned. The noted "Small Edge Split at Top Center" is trivial compared with bright and well-printed face. Well margined on all sides. The paper body is strong and original embossing is visible from the back. The Boyd note, Ford Part III: Lot 635, sold for $4,600 in May 2004. It was superior to this note, but not by much. Most likely the second finest known from the issue, and offered for the first time at public auction. This note has illustrious pedigree, great rarity, and strong condition. Ex: Eric P. Newman Numismatic Education Society
From Newman VIII (Heritage Auctions, 11/2017), lot 28090, realized $960. Image and description courtesy of Heritage Auctions, https://ha.com.
|Image Collection||Early Paper Money of America / New York / 1759 April 2|