169
“We jointly and Severally Promise For Ourselves [,] Partners to take this Bill…” September 9, 1740.
Currency:USD
Category:Coins & Paper Money
Start Price:3,200.00 USD
Estimated At:NA
SOLD
7,000.00USD+ (1,400.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 May 20 @ 17:14UTC-7 : PDT/MST
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
“We jointly and Severally Promise For Ourselves [,] Partners to take this Bill…” September 9, 1740. Three Pence. Manufactory Bill. Fr. MA-87.7. PCGS Good-6 Details. Small Edge Repair, Backed, Reassembled. As illustrated.
Description: Laid paper. Serial number faint to non-existent; the Stack’s cataloger suggested “No. 394?” 105mm by 110mm. Signed by (G.) Chardon, (Samuel Trus?)ty, and (George Leonard?); the signatures are weak and mostly illegible, therefore the guesswork. Probably Uniface, but backed with thin cardboard from a long-ago era. Inked “iryx” cost code on back, older edge trimmed so that the backing cardboard is now flush with the edges all around. Bruce Hagen, chief cataloger of the early Ford notes, had interesting things to say about this note, including: “For the advanced collector, the technical grade for this note is academic, because we have never seen an example of a note from this issue offered for public sale.” That was May, 2004. In the ensuing 19 years, how many MA-87.7 notes have you seen or even heard tell of?
Manufactory Bills and their contemporary counterparts, the Silver or Specie Bank notes, were circulating at the same time and in heated competition with each other. By 1741, both businesses had been ordered to close at His Majesty’s command. After the Crown passed its opinion, the notes of both companies were withdrawn, accounting for their enormous rarity today.
Pedigree: Ex F.C.C. Boyd Estate; Stack’s sale of the John J. Ford Collection, May w2004, Lot 522. (Ford Price Realized: $9,775)
FR#: MA 87.7
Grading Service: PCGS
Grade: Good 6 details
Ford Price Realized: $9,775
Auction Location:
1550 Tiburon Blvd. Suite G201, Tiburon, California, 94920, United States
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Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
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1550 Tiburon Blvd. #201, Tiburon, CA 94920
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