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State of North Carolina. May 10, 1780 Act. Two Hundred Dollars

From Stack's October 2006 Atlanta Auction on Oct 4, 2006

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Categories  •  Stack's October 2006 Atlanta The John J. Ford, Jr. Collection: Part 15 Colonial Paper Currency North Carolina May 10, 1780 Act
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State of North Carolina. May 10, 1780 Act. Two Hundred Dollars. Ut quocunque paratus. No.1461. Signed...State of North Carolina. May 10, 1780 Act. Two Hundred Dollars. Ut quocunque paratus. No.1461. Signed by Green Jr. and Coore. Printed on thick paper. Typeset face with ornamental borders. Simple pattern back (a style not used on any 1778 note), similar to 1778 notes, with imprint 'Printed by JAMES DAVIS, 1780'. This is the only $200 type on the series and the State. These additional high denominations were necessary due to the inflation setting in heavily. There is no print figure listed in Newman for this type, but it is possibly in the vicinity of 1,000 or so notes. As such, the notes of $200 and above should be rarer than the lower denominations on the Act.

Very Fine. Hard to grade, appears unfolded, intact and crisp. The back has deeply ground in soil and uniform toning on the face, perhaps from an old mounting. There are some tiny edge splits seen under the light with tissue repairs on the back edges. Nicked upper left corner. Ink blot at the upper right corner. Likely, a tough note type.

Ex F.C.C. Boyd Estate.

The pattern backs on the $200, $300, $400, and $600 do not correspond with the 1778 series back. They are new back designs from a new plate of uncertain configuration.

Lot # 8515 
Hammer Price: $300.00

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Click to open a larger image - State of North Carolina. May 10, 1780 Act. Two Hundred Dollars. Ut quocunque paratus. No.1461. Signed... Click to open a larger image - State of North Carolina. May 10, 1780 Act. Two Hundred Dollars. Ut quocunque paratus. No.1461. Signed...

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