April 30, 2011 - Auction Catalog

Page 64

New York Currency

Extremely Rare 1786 New Jersey PMG Finest Certified

Exceedingly Rare December 10, 1737 New York Note Early Colonial Issue Printed By John Peter Zenger

196 State of New Jersey. 1786. One Shilling. Plate A. PMG graded Very Fine-25. Fr. NJ-211. This One Shilling denomination is the lowest of the issue. That means its general circulation would have been the greatest, just as it is for One Dollar Bills today. Most were turned in and destroyed by the date they were made invalid in 1799 as legal tender. It is remarkable that this note is available to collectors and in such a pleasing, lightly circulated quality. There are four full margins on both sides, the red and black print is strong and the signatures are deep, bold brown. A significant rarity and the Finest Certified by PMG................... (3,000-3,500)

PASS-CO Choice AU-55 “SPQR” City of New Brunswick March 10, 1796 Four Pence Change Note

197 New Jersey. City of New Brunswick. March 10, 1796. Four Pence. PASS-CO graded Choice About Uncirculated-55 Superior Paper Quality Rated. Not listed in Friedberg. This outstanding quality Four Pence small change note has deep black printed text and border designs. It has four full margins and very nice overall centering on both its face and back with a clean appearance. Another tremendous rarity as their known population is tiny, and the Finest Certified to our best knowledge.............. (1,500-2,000)

198 Colony of New York. December 10, 1737. Two Pounds. Original. Repairs, conservation, backed. Appearance of Fine. Fr. NY99. This is an exceedingly rare early New York colonial issue that was printed by the famous Newspaper publisher, John Peter Zenger. It is an original note is well centered and has a number of repairs and restoration, mostly to the upper central portion. Deft conservation provides an overall appearance of a solid Fine. Signatures are well worn yet mostly visible. This note has been backed with contemporary laid paper and is very clean and even in its appearance on the reverse. The Seal of New York vignette at the right side is fully printed and very clear. An important, highly historic note that is missing from virtually every collection, likely having less than a dozen examples known to exist........................ ................................................................................. (4,000-4,500)

PMG Gem Uncirculated-65 Exceptional Paper Quality The Finest NGC Certified Note Tied with One Other.

199 Colony of New York. August 25, 1774. “New-York Water Works” Issue. One Shilling. PMG graded Gem Uncirculated-65 Exceptional Paper Quality. Fr. NY-168. A truly gorgeous, crisp note printed in red and black and the paper retaining significant amounts of original press text embossing. The Finest NGC Certified Note, being tied with one other................................ (1,600-1,800)

Scarce 1790 “City of New York” Three Pence Note 200 New York. City of New York. February 20, 1790. Three Pence. About Very Fine. This boldly printed, small size note is signed in the typeset printed text, “D. Phoenix, City Treasurer.” It is fully readable, with decent eye appeal for the grade. A rare note that is becoming ever more valuable with collectors............... (400-500)

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