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Colonial Currency, GA, 1776 Sterling, 10s

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Georgia Currency

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Rare 1776 Georgia Red & Black Ten Shillings Note

Georgia. 1776 Sterling Denominations. Ten Shillings. PASS-CO graded Very Fine-25.
Fr. GA-67. This rare 1776 Sterling Denominations typeset 10s note is printed in both red & black on a larger size format than the lower denominations. This more impressive example has some irregular roughness to the left edge. Otherwise, there are full and complete margins which fully display the border designs and text. This note has bold red text that is placed within the various black designs and text. The five signatures and serial number are bold brown, adding even more color. There are a couple of contemporary notations on the blank reverse and some scattered light tone. This note is currently finer in quality than the sole VF-20 note reported on the PMG "Population" report. It is certainly one of the finer examples of this very rare denomination one is likely to locate. EX: Stack's, John J. Ford, Jr. Collection, Part XV, October 2006, Lot 8069.

The production method in 1776 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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