South Carolina April 7, 1770 10 Pounds Fr. SC-96. PCGS Fine 12 Apparent. This is another one-year and denomination certificate; it is from an authorization of 70,000 pounds. Receivable for taxes and for raising funds to building Court Houses, gaols, etc. A uniface, large format note, similar to others from the period, on laid paper. Flourishes swirl in the linear indented area at the left. The lengthy obligation has an engraved date. At lower right is a draped Justice vignette with JUSTITIA on a scroll above and the denomination on a scroll below. There are five signatures, and the orientation is identical to that of the Newman plate note (ex: Boyd collection). Philip Porcher signs at left. To the right is the quartet of Thomas Smith, James Parsons, C.C. Pinckney, and Benjamin Elliott. A historic signature Colonial note. Charles Cotesworth Pinckney, now a comparative footnote in American history, was another member of that illustrious family. He was a 1787 Convention member and, along with his second cousin Charles Pinckney, Jr., signer of the United States Constitution. In 1797, new president John Adams sent Pinckney, Elbridge Gerry, and John Marshall to negotiate with the government in Paris during the Quasi-War with France. Among other demands, Foreign Minister Talleyrand, through three envoys (later noted as X, Y, and Z) wanted a bribe to be paid to him personally. The American agents promptly rejected those terms, and the events became known as the \"X, Y, and Z Affair.\" Mostly full from the face, with the usual heavy quarter-folded splits, but this note is reinforced on a period almanac page. The C.C. Pinckney signature is boldly penned. Noted with \"Splits, Tears, and Minor Edge Damage\" and as \"Backed.\" Seldom encountered or offered. The Boyd collection note, sold as Ford Part III: Lot 811, was superior and sold for $6,900 in May 2004. A historic and very rare Colonial note. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28142, realized $6000. Image and description courtesy of Heritage Auctions, https://ha.com.
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