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Colonial Currency, NY, March 5, 1776, 4 Shillings

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New York Currency

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March 5, 1776 "New York Water Works" Four Shillings

Colony of New York. March 5, 1776. "New York Water Works" Issue. Four Shillings. Choice Crisp About Uncirculated.
Fr. NY-196. This extremely crisp and vividly printed note has a very light centerfold keeping it from grading CU. The bold red and black print quality is choice, and the two rich brown ink signatures add significantly to its overall eye appeal. Only 5,000 notes were printed of this scarce 4s denomination.

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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