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THBColonial Currency, Maryland. July 26, 1775 $2-2/3 Allegorical / Gunpowder Note
Lot 29
Categories
Live Auction in Progress ... Currently on Lot Estimate:
$4,000 - $6,000
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About Auction
Live
By Early American History Auctions
Jul 24, 2021
Set Reminder
2021-07-24 12:00:00
2021-07-24 12:00:00
America/New_York
Bidsquare
Bidsquare : A Revolutionary Numismatic Auction
https://www.bidsquare.com/auctions/early-american-history-auctions/a-revolutionary-numismatic-auction-7186
A Revolutionary Numismatic Auction Early American History Auctions auctions@earlyamerican.com
A Revolutionary Numismatic Auction Early American History Auctions auctions@earlyamerican.com
View Full Catalog (337)
- Lot Description
Maryland Currency
1775 "Allegorical / Gunpowder" Political Propaganda Issue Political Woodblock Vignette Note By Thomas Sparrow
Provincial Convention of Maryland. July 26, 1775. Two Dollars and Two Thirds of a Dollar. Thomas Sparrow Engraved "Allegorical / Gunpowder" Woodcut vignettes, Propaganda and Political Revolutionary War Issue. PMG graded Choice Fine-15.
Fr. MD-75. Eric Newman states in his reference "The Early Paper Money of America" that this specific July 26, 1775 issue was brought about pursuant to a resolve of the Maryland Convention to promote the Manufacture of Gunpowder (for the American Revolutionary War). Nicely Signed by Robert Lloyd Nicols at lower right. This historic notes face displays a Propaganda-filled woodcut, engraved by Thomas Sparrow, which depicts "Britannia receiving a Petition of the Continental Congress, 'CONG PETI' from a female figure representing America". America is trampling on a scroll marked SLAVERY and is holding a Liberty Cap in front of American troops carrying the Flag of Liberty, 'LIB'; and on the left, King George III is trampling on the 'M(agna) CHARTA' and applying a fire brand to an American city which is under attack by a British fleet. The side border cuts carry 'AN APPEAL TO HEAVEN' and 'PRO ARIS ET FOCIS' (For altar and hearth). On the reverse side, the figures of America and Britannia are shown achieving Peace, 'PAX TRIUMPHIS POTIOR' (Peace is preferable to victory), 'LIBERTY, T. SPARROW' and FG (Frederick Green, the printer). Only 7,096 notes of this $2-2/3 denomination were printed as part of an issue totaling 100,000 funds needed to promote the Manufacturing of Gunpowder. The propaganda-like vignettes reflect the American Colonies' relationship with Great Britain and its Allegorical Propaganda designs make this series popular today with Political, Historical and Colonial Currency collectors alike. Its PMG Choice Fine-15 holder indicates repaired. The repairs are primarily in the upper corners, which has been restored, and some stains, that have been nicely conserved. The July 26, 1775 Session issue is found in the current (2008) 5th Edition of Newman on page 174, where notes on this issue graded Fine are aggressively valued at $15,000. This note has a full solid appearance with all the important historical vignettes clear which is far above average on this highly desirable major rarity.
Eric Newman states in his reference, "The Early Paper Money of America" that this specific issue was brought about pursuant to a resolve of the Maryland Convention to promote the manufacture of gunpowder.
The face displays a propaganda-filled woodcut, engraved by Thomas Sparrow, which depicts Britannia receiving a petition of the Continental Congress, "CONG PETI" from a female figure representing America.
America is trampling on a scroll marked SLAVERY and is holding a Liberty Cap in front of American troops carrying the flag of Liberty, LIB; and on the left, George III is trampling on the M(agna) CHARTA and applying a fire brand to an American city which is under attack by a British fleet.
The side border cuts carry AN APPEAL TO HEAVEN and PRO ARIS ET FOCIS (For altar and hearth). On the back side, the figures of America and Britannia are shown achieving peace, PAX TRIUMPHIS POTIOR (Peace is preferable to victory), LIBERTY, T. SPARROW and FG (Frederick Green, the printer).
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