||Colony of New York May 31, 1709 5 Shillings Fr. NY-1. PCGS Extremely Fine 45 Apparent. These are the first 1709 Colony of New York "Tall" notes to come to auction for a while. They are rare notes and, because they come in choice conditionally normally, they are very appealing. These May 31, 1709 notes were authorized for military expenditures for Canadian expeditionary forces to build three forts and transport troops up the Hudson. Uniface and printed in black by William Bradford, without imprint, on horizontal four-subject sheets. Typeset with a top indented block. There are three very bold, vanity style signatures in the character of the period. The Johannes DePeyster signature in particular flows artistically under the obligation. There are two plate positions with different styles. This is "b" with "Shillings" on the second line, "C" in Colony skewed upwards, and the "Governour" spelling. A very bold example with deep, natural embossing; well margined, and quite full. This is a PPQ note, but with noted "Minor Ink Erosion in Signature" categorizing it as Apparent. That ink "flaw" is virtually undetectable. This is a handsome, early note and one of the finest we have handled. Ex: Eric P. Newman Numismatic Education Society.
Realized $4,465.00. Newman VI (Heritage Auctions, 4/2015), lot 19513. Description courtesy of Heritage Auctions.