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Colonial Currency, GA, 1773, 20 Shilling Note

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Georgia Currency

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Fully Signed & Issued 1773 Georgia Twenty Shillings Note

Georgia. 1773. Twenty Shillings. Contemporarily Backed, Moderate Conservation. PASS-CO graded Very Fine-25.
Fr. GA-48. This important Georgia Colonial rarity is fully signed and has a serial number, all written in rich brown ink. It is Contemporarily backed, and has moderate conservation, as so noted upon its holder. This note is typeset printed in deep black and red, with all of the text clear and readable. Even given the conservation provided over two centuries, this note displays well. This 20s denomination constitutes the entire run of this issue, only issued in this single denomination and type. Few of these rare notes exist today, as they were only exchangeable to the Georgia Treasury until September of 1776 and invalid thereafter. Signed by; James E. Powell, William Young, Noble Jones, Noble Wimberly Jones, Joseph Clay, Thomas Shruder and Samuel Farley. Extremely rare, with only a handful or so known in any grade, fully signed and issued. Ex: NASCA, Criswell - Gibbons Part IV, April 1982, Lot 67.

The production method in 1773 for any note of two or more colors meant extra work for the printer. Each sheet had to be placed onto the printing press twice, one time to print the red text and a second pass to add the black. Each time a color was printed, the paper sheet had to be hung up to dry for a day and then laid back down, hopefully in the same exact place as proper alignment was critical, to add the second color. Obviously, this was a far more timely procedure that added extra work and cost. That is a major reason we see so few Colonial issues that are multicolor.

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