New Jersey Currency
Rare June 14, 1757 New Jersey Six Pounds PMG Fine-12

Only 250 Notes Printed - Tied As Finest PMG Certified
New Jersey. June 14, 1757. Six Pounds. Margin restoration. Net graded PMG Fine-12.
Fr. NJ-108. An extraordinary New Jersey French and Indian War Period currency rarity. Only 250 notes were authorized to be issued. Today, they are more rare by the fact that they were made totally “invalid” as a circulating currency note, after November 14, 1762. Every one of these notes should have been turned back in to the New Jersey Treasury by that date, and destroyed.

This example has the eye appeal of Very Fine. The face is printed in both red and black, the reverse is in all black. All three signatures are clear and fully readable including; Samuel Nevill, Hugh Hartshorne and Samuel Smith. Margin restoration stated on the holder appears to related to some very small deft sealed edge splits. The June 14, 1757 date is very clear, as is the text and the Sage leaf design on the central reverse. These early New Jersey notes are very undervalued in the current market and some day their true rarity will catch up with more realistic collector valuations. The current Newman reference, THE EARLY PAPER MONEY OF AMERICA, lists a value of $1,500 in Fine and of $3,000 in Very Fine. Considering that only 250 Six Pounds notes were printed in 1757, of which all notes were due to be turned back to the Treasury by the end of 1762 to be redeemed and destroyed. Perhaps only a handful or so would have survived till this day. PMG records having graded on two such notes (possibly the same note submitted twice?). Tied Fine-12 as Finest PMG Graded.