New York Colonial Note Fr#NY-166CT February 16, 1771 5P PCGS 25 *Contemporary Counterfeit*
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. Very whole example with light paper and bold ink. Rare contemporary counterfeit, that was well executed by the counterfeiter.
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, 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. Very whole example with light paper and bold ink. Rare contemporary counterfeit, that was well executed by the counterfeiter.
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, 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. Very whole example with light paper and bold ink. Rare contemporary counterfeit, that was well executed by the counterfeiter.
Signers: Theophylact Bache, Walter Franklin, A. Lott
Date: February 16, 1771
Denomination: 5 Pounds
Friedberg #: NY-166
State: New York
Certification: PCGS
Grade: 25
Comments: “Splits, Severed and Reattached”