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New York Colonial Note Fr#NY-166 February 16, 1771 5 Pounds PMG 45 *Stunning*

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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. 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” can be seen under the state arms. Absolutely stunning example with light paper and bold ink, among the finest known from the 1771 issue.

Signers: Theophylact Bache, Walter Franklin, A. Lott

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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. 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” can be seen under the state arms. Absolutely stunning example with light paper and bold ink, among the finest known from the 1771 issue.

Signers: Theophylact Bache, Walter Franklin, 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. 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” can be seen under the state arms. Absolutely stunning example with light paper and bold ink, among the finest known from the 1771 issue.

Signers: Theophylact Bache, Walter Franklin, A. Lott

Date: February 16, 1771

Denomination: 5 Pounds

Friedberg #: NY-166

State: New York

Certification: PMG

Grade: 45

Comments: “Repaired, Small Tears”