NNP

Colony of New York May 31, 1709 5 Shillings (a) Fr. NY-1. PCGS Choice About New 58PPQ. The 1709 Colony of New York "Tall" notes are rare, with the added appeal of normally appearing in high-grade condition. The May 31, 1709, notes comprise the first New York issue. They were authorized for military expenditures, specifically for Canadian expeditionary forces to build three forts and transport troops up the Hudson River. Uniface and printed in black by William Bradford, without imprint. The notes are typeset and have a top indented design block. They were printed on four-subject horizontal sheets with two 5 shilling and two 10 shilling notes. There are two plate positions with different text styles for each denomination. This "a" plate style has the "&" in the fourth line. There are three very bold, vanity style signatures in the character of the period: Johannes DePeyster's flows artistically between those of Walter and Lurting. This is a choice example with faint handling. Broad, even margins are on the sides, a deckled edge at the bottom, and a finely wavy indent cut along the top. Bold and appealing. Nearly as made and representing over 300 years of Colonial history. Ex: Eric P. Newman Numismatic Education Society

From Newman VIII (Heritage Auctions, 11/2017), lot 28085, realized $10200. Image and description courtesy of Heritage Auctions, https://ha.com.