| Description |
State of New York June 15, 1780 $7 Fr. NY-211. PCGS Very Fine 30 Apparent. The State of New York Guaranteed by the United States notes are among the rarest, with only 1,413 notes of each denomination authorized. They are rarely encountered and only the Boyd collection had a significant denomination grouping from the eight emitted. Standard Guaranteed note style with obligations on the face, within border cuts and the back with color emblem and imprint. Fully signed on the face by Evert Bancker and Henry Rutgers, properly countersigned on back by Yates, Jr. The Henry Rutgers signature is more than a historical footnote. He signed this note at age 35, having returned to New York City at the behest of patron George Clinton for public service. As compensation for signing notes, he was paid 2 shillings per 100 notes signed (excerpted from "An Act for the Payment of certain contingent Expences [sic] of this State," April 14, 1782). Solid paper body and bold orange color. Some scattered "Rust Stains" are noted and show through each side, but this rare note is not often encountered. Ex: Eric P. Newman Numismatic Education Society.
Realized $3,760.00. Newman VI (Heritage Auctions, 4/2015), lot 19519. Description courtesy of Heritage Auctions. |
