Early Paper Money of America / Georgia / 1776 Gold Option

Georgia 1776 Gold Option $2 Flag, Drum, Sword & Gun Fr. GA-78. PCGS Very Fine 25 Apparent. This is an interesting and very rare "one note type" with a distinctive obligation and vignette. It is thought to be Rarity 7 (4-12 known). The clause made it payable in "Gold or Silver" and the denomination was printed in black, not red. The four vignette motifs symbolize the patriotic spirit. From the face, the note is overall pleasing and bright with even margins all around. Noted by grading with "Edge Splits, Tears, and Minor Damage; Minor Stains." The faults are not severe compared with the eye appeal, and the note is difficult to find in all grades. Ex: Eric P. Newman Numismatic Education Society

From Newman VIII (Heritage Auctions, 11/2017), lot 28017, realized $2640. Image and description courtesy of Heritage Auctions, https://ha.com.

Georgia 1776 Gold Option $2 Flag, Drum, Sword & Gun Fr. GA-78. PCGS Very Fine 25 Apparent. This is an interesting and very rare "one note type" with a distinctive obligation and vignette. It is thought to be Rarity 7 (4-12 known). The clause made it payable in "Gold or Silver" and the denomination was printed in black, not red. The four vignette motifs symbolize the patriotic spirit. From the face, the note is overall pleasing and bright with even margins all around. Noted by grading with "Edge Splits, Tears, and Minor Damage; Minor Stains." The faults are not severe compared with the eye appeal, and the note is difficult to find in all grades. Ex: Eric P. Newman Numismatic Education Society

From Newman VIII (Heritage Auctions, 11/2017), lot 28017, realized $2640. Image and description courtesy of Heritage Auctions, https://ha.com.