New York September 2, 1775 $3 Fr. NY-179. PCGS Choice New 63PPQ. This $3 John Holt-printed note is one of the finest of its series and type. Printed on thick paper using a design style initiated in 1737 with New York arms at the right and three border cuts. The back has ornate border cuts with the denomination swirling on ribbons; type ornaments are across the bottom. This denomination features a back emblem showing the Ten Commandments vignette with motto LEX REGIT ARMA TUENTUR (Law rules, weapons protect). This back is illustrated on the color plates on page 51 of the Newman reference. Margins are extremely broad on three sides and wide on the bottom. The surfaces are immaculate. Both signatures are sharp, although Evert Bancker's (in black) is more prominent than Robert Ray's, who signed in red (the red often fades). Choice New notes from the series are underrated and undervalued compared to many New Jersey and Pennsylvania notes from the same period. A splendid Thirteen Colony set note. Ex: Eric P. Newman Numismatic Education Society\n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28094, realized $2040. Image and description courtesy of Heritage Auctions, https://ha.com.
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