Early Paper Money of America / Connecticut / 1740 May 8

Colony of Connecticut May 8, 1740 Redated March 14, 1744/5 One Shilling Fr. CT-49d. PCGS Extremely Fine 40. An exceedingly rare, superbly preserved, early Connecticut note. This lowest denomination is a miracle of survival since most were redeemed or exchanged for later notes. The May 8, 1740 note plates were redated four times. Printed from the "lesser" denomination plate on laid paper by Timothy Green. The format is horizontal as opposed to "tall," like most of the early New England bills of credit. A fancy cartouche in the center encloses the obligations and denomination along the top, with double-line bordering at the ends and top, and emblem with motto at the lower left. Boldly signed by the three committee members: George Wyllys, William Pitkin, and Nath. Stanly. On the typeset reverse, the obligation is surrounded by ornamental bordering. The issue was not present in the Boyd collection. This superb example is the plate note in the Newman reference (fifth edition, page 101), and it is difficult to imagine a finer example from the series existing. It is probably unique; we have not recorded another example from the series or type. An extraordinary opportunity to obtain exceptional pedigree, grade, and the utmost rarity. Ex: Eric P. Newman Numismatic Education Society

From Newman VIII (Heritage Auctions, 11/2017), lot 28002, realized $10200. Image and description courtesy of Heritage Auctions, https://ha.com.

Colony of Connecticut May 8, 1740 Redated March 14, 1744/5 One Shilling Fr. CT-49d. PCGS Extremely Fine 40. An exceedingly rare, superbly preserved, early Connecticut note. This lowest denomination is a miracle of survival since most were redeemed or exchanged for later notes. The May 8, 1740 note plates were redated four times. Printed from the "lesser" denomination plate on laid paper by Timothy Green. The format is horizontal as opposed to "tall," like most of the early New England bills of credit. A fancy cartouche in the center encloses the obligations and denomination along the top, with double-line bordering at the ends and top, and emblem with motto at the lower left. Boldly signed by the three committee members: George Wyllys, William Pitkin, and Nath. Stanly. On the typeset reverse, the obligation is surrounded by ornamental bordering. The issue was not present in the Boyd collection. This superb example is the plate note in the Newman reference (fifth edition, page 101), and it is difficult to imagine a finer example from the series existing. It is probably unique; we have not recorded another example from the series or type. An extraordinary opportunity to obtain exceptional pedigree, grade, and the utmost rarity. Ex: Eric P. Newman Numismatic Education Society

From Newman VIII (Heritage Auctions, 11/2017), lot 28002, realized $10200. Image and description courtesy of Heritage Auctions, https://ha.com.