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Auction details

 

Autographs-Coins-Currency-Americana
9:00 AM PT - Nov 15th, 2008

 

offered by
Early American

 

P.O. Box 3507

Rancho Santa Fe, CA 92067
Us Auction

 

       

Lot 65 save

Colonial Currency, NJ, April 8, 1761 30 Shillings

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New Jersey Currency
New Jersey. April 8, 1762. Thirty Shillings. Plate A. Very Good.
Fr. NJ-149. This red and black printed note has some notations and tiny reinforcements to the centerfold edge splits. Only 5,850 30s notes were printed, of which only 1,462 would be on Plate A.

The production method in 1762 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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