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<p>[QUOTE="scottishmoney, post: 424969, member: 12789"]This is one of those notes that should be surprisingly common, but in fact, it is not. They were issued in 1790 by the Corporation of New York, the City of New York in today's parlance, and continued to be issued through 1798. In the summer of 1799 a rumour started circulating that there were counterfeits making an appearance, and the rumour was founded and notes found to have been printed in London started appearing. So the remaining notes were called in and redeemed by June 1st of that year. Over 300,000 3 pence notes were printed in the eight year run of this series, but many of them were redeemed and subsequently burned. The remainders are unusually scarce today as a result, usually large print run paper monies in the 18th century would be fairly available today - because they were typically not redeemed and lost value. In this case the notes were redeemed by the Corporation of New York and lost circulation status.</p><p><br /></p><p style="text-align: center"><img src="http://www.geocities.com/scottishmoney/colonialbanknotes/newyork3d.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p> <p style="text-align: center"><br /></p> <p style="text-align: center"><img src="http://www.geocities.com/scottishmoney/colonialbanknotes/newyork3dfr.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p> <p style="text-align: center"><br /></p><p style="text-align: left">Unfortunately for me, when this item came, the other item in my purchase did NOT, and I hope it will wind it's way to me by Monday as they were overnighting it.</p> <p style="text-align: left"><br /></p> </p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="scottishmoney, post: 424969, member: 12789"]This is one of those notes that should be surprisingly common, but in fact, it is not. They were issued in 1790 by the Corporation of New York, the City of New York in today's parlance, and continued to be issued through 1798. In the summer of 1799 a rumour started circulating that there were counterfeits making an appearance, and the rumour was founded and notes found to have been printed in London started appearing. So the remaining notes were called in and redeemed by June 1st of that year. Over 300,000 3 pence notes were printed in the eight year run of this series, but many of them were redeemed and subsequently burned. The remainders are unusually scarce today as a result, usually large print run paper monies in the 18th century would be fairly available today - because they were typically not redeemed and lost value. In this case the notes were redeemed by the Corporation of New York and lost circulation status. [CENTER][IMG]http://www.geocities.com/scottishmoney/colonialbanknotes/newyork3d.jpg[/IMG] [IMG]http://www.geocities.com/scottishmoney/colonialbanknotes/newyork3dfr.jpg[/IMG] [LEFT]Unfortunately for me, when this item came, the other item in my purchase did NOT, and I hope it will wind it's way to me by Monday as they were overnighting it. [/LEFT] [/CENTER][/QUOTE]
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