The February 16, 1771 New York Issue features an ornate top boarder and the arms of New York City, designed by Elisha Gallaudet who was also responsible for engraving the backs of Fugio notes. This issue fell victim to extensive counterfeiting which lead to separate backs with 3 counterfeiters in the gallows being printed in 1773, with this example being one of those counterfeits. Printed by Hugh Gaine on very thin paper, this issue is usually seen with damage and in low grade. “Tis Death to Counterfeit” can be seen under the state arms. Gorgeous example, usually seen tattered in lower grades. Very rare contemporary counterfeit that was well executed by the counterfeiter but an overall crude appearance compared to an authentic example. Interestingly, due to this example being circulated, this means that it fooled many back in its day. Much scarcer than an original with only 3 graded by PMG.
Signers: Theophylact Bache, Samuel Verplanck, A. Lott
The February 16, 1771 New York Issue features an ornate top boarder and the arms of New York City, designed by Elisha Gallaudet who was also responsible for engraving the backs of Fugio notes. This issue fell victim to extensive counterfeiting which lead to separate backs with 3 counterfeiters in the gallows being printed in 1773, with this example being one of those counterfeits. Printed by Hugh Gaine on very thin paper, this issue is usually seen with damage and in low grade. “Tis Death to Counterfeit” can be seen under the state arms. Gorgeous example, usually seen tattered in lower grades. Very rare contemporary counterfeit that was well executed by the counterfeiter but an overall crude appearance compared to an authentic example. Interestingly, due to this example being circulated, this means that it fooled many back in its day. Much scarcer than an original with only 3 graded by PMG.
Signers: Theophylact Bache, Samuel Verplanck, A. Lott
Date: February 16, 1771
Denomination: 3 Pounds
Friedberg #: NY-165CT
State: New York
Certification: PMG
Grade: Very FIne 25
Comments: “Severed & Reattached, Repaired, Stains”
