Daniel Frank Sedwick, LLC: Treasure, World, U.S. Coin and Paper Money Auction 29 May 7-8 , 2021

Page 248

1279. New York, 3 pounds, Feb. 16, 1771, serial 2511, PMG

VF 20. Fr-NY-165. Nice representative of the type of paper money circulating in New York City around the time that American historical figures like Alexander Hamilton were active in the city. Some edge splits along the center fold (noted on the PMG label) and a few pinholes in the center do little to detract from its boldly printed and well centered design. PMG #1991023-014. Estimate: $300-$450.

1282. Rhode Island, $4 remainder, July 2, 1780, serial 2147, PMG Gem UNC 65 EPQ. Fr-RI-285. A true Gem with choice, original paper quality and inking plus bold embossing throughout, notable for the denomination being payable in “Spanish milled DOLLARS” with subsequent interest accrual; also note the large United States vignette rendered in two colors on the reverse, one of several anti-counterfeiting measures utilized by printer Hall and Sellers on this note. PMG #1611107-008. Estimate: $350-$500.

1280. North Carolina, 2 pounds, December 1771, serial 3269, PMG VF 30. Fr-NC-141. Boldly printed and well-centered design with a vignette of a dove carrying an olive branch and the Latin phrase “Pax reddita (Peace Restored) May 1771,” clear penned serial number and signatures. The blank reverse also contains several inked endorsements. The split repair noted by PMG is well hidden. PMG #8069752-003. Estimate: $200-$300.

1281. Rhode Island, $1/36, May 22, 1777, serial 9053, PMG

VF 30. Fr-RI-264. This series of small denomination notes was made in 1777 to alleviate a shortage of small change throughout the state. Well printed with bold embossing on the text, decent paper quality with a small internal tear above signature (noted on label), clear penned serial and signature. Pedigreed to an 1800s era English collection. PMG #8084196-002. Estimate: $200-$300.

1283. South Carolina, 20 pounds, June 1, 1775, serial 9099, backed with violin sheet music. Fr-SC-100. An interesting display of the importance of paper money in the southern colonies, where notes were heavily circulated for some time in less than ideal climate conditions. A previous bearer backed this large denomination note with a piece of contemporary violin sheet music so as to keep the note intact and usable. Though the reverse design is now only slightly visible when held up to the light, the obverse is still very legible (see the mention of “Charles Town,” now Charleston) with a sharply rendered vignette of clasped hands holding olive sprigs with the Latin motto FIDES PUBLICA (Public Trust) above. This note was issued by the “Provincial Congress,” organized in January of 1775 by those seeking to break away from British control; within several months, the Congress had sent the royal governor away and effectively became the legislative body of a South Carolina revolting against the crown. Estimate: $200-$300.

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