The purpose of this late 1786 Georgia issue was for loans on real estate mortgage securities. The conversion rate for these bills was 4s8d per dollar. Printed by John Smith in Augusta on paper imported from the Netherlands. A large and beautiful vignette of the 1777 Georgia Constitution and the motto “PRO BONO PUBLICO” (For the public good) can be seen on the left side. The right boarder states “To Counterfeit is DEATH”. Gorgeous example with crisp light paper and very pleasing ink/signatures. High eye appeal for the grade. Previously a part of the iconic Eric P. Newman collection.
Signers: George Jones, W. Freeman
The purpose of this late 1786 Georgia issue was for loans on real estate mortgage securities. The conversion rate for these bills was 4s8d per dollar. Printed by John Smith in Augusta on paper imported from the Netherlands. A large and beautiful vignette of the 1777 Georgia Constitution and the motto “PRO BONO PUBLICO” (For the public good) can be seen on the left side. The right boarder states “To Counterfeit is DEATH”. Gorgeous example with crisp light paper and very pleasing ink/signatures. High eye appeal for the grade. Previously a part of the iconic Eric P. Newman collection.
Signers: George Jones, W. Freeman
Date: October 16, 1786
Denomination: 2 Shillings, 6 Pence
Friedberg #: GA-128
State: Georgia
Certification: PCGS
Grade: Very Fine 35
Comments: “Minor Mounting Remnants, Damage in Corners"”
