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State of North Carolina. May 10, 1780 Act. Six 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. Six Hundred Dollars. Crescit Sub pondere virtus. No.302....State of North Carolina. May 10, 1780 Act. Six Hundred Dollars. Crescit Sub pondere virtus. No.302. Signed by Vipon and Cooke. Printed on thick paper. Typeset face with ornamental borders. Simple pattern back, similar to 1778 notes, with imprint 'Printed by JAMES DAVIS, 1780'. The only $600 motto type and the highest denomination Colonial note issued on North Carolina. A key note type on the entire Colony and the series. There is no print figure listed, but certainly 1,000 or less.

This note type is part of the $200, $300, and $400 note series and was most likely printed on the same plate. It seems logical that the $250 and $500 notes were printed on the same sheet. The serial number is one tick away from the $300 and $400 thick paper notes above. Were they sheet mates or just one sheet apart?

No matter what, this note is a miracle of survival in this grade. A bright and vivid note, with the look of Gem Uncirculated. Extremely Fine. A heavy diagonal handling fold at the upper right just across the printed portion with a very short split off the top edge. Crisp and vibrant with deep embossing and pristine paper surfaces. Wide margins at the top and left end. Like lots 8520 and 8522 above, the note has four back corner mounting remnants, mostly away from the deeply inked printed back portions.

Raymond pencil code at the upper right. Just phenomenal and undeservedly undervalued due to being a typeset note. Perhaps, the ''king'' of this incredible 1780 Act offering.

Ex F.C.C. Boyd Estate; Wayte Raymond.

Lot # 8526 
Hammer Price: $950.00

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Click to open a larger image - State of North Carolina. May 10, 1780 Act. Six Hundred Dollars. Crescit Sub pondere virtus. No.302.... Click to open a larger image - State of North Carolina. May 10, 1780 Act. Six Hundred Dollars. Crescit Sub pondere virtus. No.302....

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