The February 16, 1771 New York Issue features an ornate top border and the arms of New York City, designed by Elisha Gallaudet who was also responsible for engraving the backs of the iconic Fugio notes. This issue fell victim to extensive counterfeiting which lead to separate backs with 3 counterfeiters in the gallows being printed in 1773. These backs were supposed to be pasted to all circulating examples but this was never done. Printed by Hugh Gaine on very thin paper, this issue is usually seen with damage and in low grade. “Tis Death to Counterfeit” warning can be seen under the state arms. Very appealing example for the grade with light paper and bold ink.
Signers: Theophylact Bache, Samuel Verplanck, A. Lott
The February 16, 1771 New York Issue features an ornate top border and the arms of New York City, designed by Elisha Gallaudet who was also responsible for engraving the backs of the iconic Fugio notes. This issue fell victim to extensive counterfeiting which lead to separate backs with 3 counterfeiters in the gallows being printed in 1773. These backs were supposed to be pasted to all circulating examples but this was never done. Printed by Hugh Gaine on very thin paper, this issue is usually seen with damage and in low grade. “Tis Death to Counterfeit” warning can be seen under the state arms. Very appealing example for the grade with light paper and bold ink.
Signers: Theophylact Bache, Samuel Verplanck, A. Lott
Date: February 16, 1771
Denomination: 3 Pounds
Friedberg #: NY-165
State: New York
Certification: PMG
Grade: Fine 15
Comments: “Tape Repairs, Pinholes”
