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 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. Nice VF example, usually seen tattered in lower grades. Very rare contemporary counterfeit that was very well executed by the counterfeiter and likely deceived many colonists. Much scarcer than an original with only 7 graded by PMG.
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 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. Nice VF example, usually seen tattered in lower grades. Very rare contemporary counterfeit that was very well executed by the counterfeiter and likely deceived many colonists. Much scarcer than an original with only 7 graded by PMG.
Signers: Theophylact Bache, Samuel Verplanck, A. Lott
