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Authenticity Of 1761 3 Pound New Jersey Bill

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Sweden
729 Posts
 Posted 10/14/2012  10:47 am Show Profile   Bookmark this topic Add epikur to your friends list Get a Link to this Message Number of Subscribers
I am not good at all with paper money, so hoping an expert or two can shed some light on this one.

Is it authentic?

thanks in advance
epikur

Authenticity-Of-1761-3-Pound-New-Jersey-Bill
Authenticity-Of-1761-3-Pound-New-Jersey-Bill
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Ceylon62's Avatar
United States
1285 Posts
 Posted 10/14/2012  11:29 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
You should move this to the Foreign Currency section for a better response. Sent note to staff
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philadelphian's Avatar
United States
3253 Posts
 Posted 10/14/2012  11:51 am  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
What!? Sometimes, when I cross the Delaware, I feel like I'm entering another country, but I wouldn't take it so far as to call New Jersey's colonial currency foreign! From the looks of the paper and its wear, and the quality of printing, it appears genuine. Or, if this is a counterfeit, it would have to be one produced at the time to circulate with the originals. You've caught me away from my copy of Newman's "bible" on early American paper, but I'll check in later.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 10/14/2012  2:18 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I believe this is in the correct section since it says its from New Jersey but I will let someone else decide as I am not all that knowledgeable in old notes like this. I think it is the penny weight and pounds stuff that is throwing Ceylon off making him think it was British or something
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Ceylon62's Avatar
United States
1285 Posts
 Posted 10/14/2012  2:50 pm  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply

Quote:
that is throwing Ceylon off making him think it was British or something


Sorry epikur....my mistake. I do have a modern Jersey note and thought it was similar.....as we were.
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philadelphian's Avatar
United States
3253 Posts
 Posted 10/14/2012  2:50 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
Colonial (and "post-colonial") coins are all discussed in the Classic US coins forum. Notes of this kind were issued by the Colonies (then the States) before and after 1776. If I've been missing posts about early American paper, please, tell me which forum they're in!
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philadelphian's Avatar
United States
3253 Posts
 Posted 10/14/2012  5:47 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
Hey Ceylon62! Let's see that modern Jersey note!
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Ceylon62's Avatar
United States
1285 Posts
 Posted 10/14/2012  6:52 pm  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
Mines in storage....read below and enjoy.

http://en.wikipedia.org/wiki/Jersey_pound
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vermontensium's Avatar
United States
16679 Posts
 Posted 10/14/2012  7:02 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I do Colonial and Post Colonial Coinage. Paper is almost foreign to me :(
swcoin.ecrater.com
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philadelphian's Avatar
United States
3253 Posts
 Posted 10/14/2012  10:41 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
I think the early American paper money has a lot that you would appreciate, v, if you gave it a try!
To get down to brass tacks: the April 23, 1761 New Jersey currency emission was the twelfth in a series of issues put out to pay for the French and Indian War. The denominations were 12, 15, and 30 shillings, and 3 and 6 pounds. The 2,850 three pound notes were printed with two different face plates; this one is marked with the letter "A" at the bottom of the face. The back features a transfer of a skeletonized leaf (in this case, a sage leaf), to foil counterfeiters, a technique introduced by Benjamin Franklin (although this currency was printed by James Parker at Woodbridge, New Jersey). The signers of your note are Thomas Rodman, Samuel Nevill, and A. Johnston. There were contemporary counterfeits of the three pound note of this emission circulating at the time. I don't have a specific description of the counterfeits, but the signatures on your note certainly look very close to examples on other notes, and anyway, those early counterfeits are collected as much as the originals!
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Sweden
729 Posts
 Posted 10/15/2012  02:39 am  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
thanks for all the info...

any thoughts about value of this bill?
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philadelphian's Avatar
United States
3253 Posts
 Posted 10/15/2012  09:10 am  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
Looking over the Heritage Auctions website, this issue comes up pretty rarely among New Jersey colonial notes. One was sold in August 2010, graded Net Choice Very Fine by PMG (worn corners, lower centerfold split, but clearer printing than your note), for $201.25. A raw example, given a VF+, went for $94 two months earlier.
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