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1780 Rare Maryland 'Black Money' to Star in the Early American Online Auction

2016-07-01 Fri

The Early American online auction scheduled for 9th July will auction a rare Colonial Maryland paper currency called "Black Money", from the Revolutionary War era.

This HALF A DOLLAR note was issued from 8th June 1780, signed by Frederick Green and Thomas Johnson Jr, is graded "Choice Very Fine" and has an estimate value of $4,000 to $5,000. Though the note is green in colour, it is called “Black Money” as it has a dark black outer border design.

An uncut sheet of six consecutively numbered lottery tickets for a 1770s British lottery, graded "Choice Crisp Extremely Fine +," has an estimate price of $1,200 to $1,800. The lottery was organised to Cox's Museum and signed by Jasper Jay. The lottery had to be staged through an act of Parliament as James Cox faced some financial problems.

An 1840 hand-coloured banknote showcasing the Second Bank of the United States in Philadelphia will also be sold at the event. It was published by William H. Bartlett who is known for his amazing steel engravings. The note is graded "Choice Near Mint" and has an estimate value of $400 to $600.