Stack's Bowers Galleries

Winter 2022 Showcase Auction  –  27 October - 4 November 2022

Stack's Bowers Galleries, Winter 2022 Showcase Auction

U.S. Coins and Currency

Part 1: Th, 27.10.2022, from 6:00 PM CEST
Part 2: Fr, 28.10.2022, from 6:00 PM CEST
Part 3: Tu, 01.11.2022, from 5:00 PM CET
Part 4: Tu, 01.11.2022, from 10:00 PM CET
Part 5: Tu, 01.11.2022, from 11:00 PM CET
Part 6: We, 02.11.2022, from 4:00 PM CET
Part 7: We, 02.11.2022, from 9:00 PM CET
Part 8: Th, 03.11.2022, from 5:00 PM CET
Part 9: Th, 03.11.2022, from 10:00 PM CET
Part 10: Fr, 04.11.2022, from 6:00 PM CET
Part 11: Fr, 04.11.2022, from 11:00 PM CET
The auction is closed.

Description

MD-132. Maryland. May 10, 1781. 15 Shillings. PMG Very Good 10.

Printed by Frederick Green. Signatures of Frederick Green and Isaac McHard. Red and black design on both sides. An incredibly rare type as this is the only example listed on PMG's Population Report, and no auction records are listed in Track & Price's census. This series, known as Red Money, was payable in specie and was to be redeemed between December 25th, 1784 and June 25th, 1785. This series was backed by proceeds from the confiscation of Tories property (otherwise known as Loyalists, those loyal to the Crown during the American Revolution). Scarce, as this is the first example we can recall handling, and surely missing from even the most advanced collections of early American paper money. PMG comments "Paper Damage." PMG Pop 1/No Others Graded.

Estimate: $2000.00-$3000.00

Question about this lot?

Bidding

Price realized 1'200 USD
Starting price 1'200 USD
Estimate 2'000 USD
The auction is closed.
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