Carlisle, Pennsylvania. John Wray & James Lamberton. 1789. 1 Penny. PMG Uncirculated 62 Net. Previously Mounted. No. 156. Extremely ornate exterior vine border. Within, second border composed of ornaments such as tomahawks, peace pipes etc. Obligation, city, date, and signature spaces. Signed only by John Wray and Jas. Lamberton. The back, extremely ornate and uniquely styled pastoral vignette. The sun smiles and sends beaming rays through the thick forest, in the background hills and town, telescope lower right. Imprint text left and right. Bottom center, One-Penny Specie. Newman page 364. Rarity-6. The style is very unique and the note from a series of change bills emitted when there was a copper coin panic. This example comes broadly margined and sharply printed. One of just a small handful we have seen. PMG comments "Previously Mounted" on the back of the holder.