SC-148. South Carolina. April 10, 1778. 7 Shillings, 6 Pence. PMG Choice Extremely Fine 45.

No. 432. Signed by John Beale and John Peronneau. Printed on laid paper. Beehive vignette at lower right. Floral border design at left. The General Assembly authorized £100,000 in legal tender Lawful Money on March 28, 1778 with the approval to issue additional notes if needed. Denominations ranged between 2s6d and 30s. PMG has commented about Water Stains. Enormously margined on all sides. This is probably the second scarcest, and arguably the scarcest, denomination from this popular series. While notes from this series are quite available, it is due to a high survival rate of sheets of the lower denominations. These second sheets with denominations 7s6d, 15s, 20s, and 30s did not survive in any form and therefore these notes are typically low grade and plagued by problems.

Estimate: $1000.00 - $1500.00