NC-215. North Carolina. December 29, 1785. 40 Shillings. PMG Choice Extremely Fine 45 EPQ.No. 11699. Signed by Absalom Tatom and John Hunt. Tatom rose to the rank of captain in the Continental Army and three years after signing this note he was a delegate to the convention which considered ratifying the U.S. Constitution. Printed on thick paper. Justice with scales vignette printed with every minute detail visible. Typeset back with obligation and Hillsborough imprint. A very rare and genuine example with Libertys arm straight out (it is bent on contemporary counterfeit examples). This is the final issue of North Carolina Colonial Currency is a highlight of any early American offering. The notes from this issue, as well as those of the 1783 issue, remained in circulation until 1816, which Newman points out was 29 years after the issuance of Bills of Credit by States was prohibited by the U.S. Constitution. It has been a dozen years since we offered one for sale, a fact that belies the fact that these always sell for several thousand dollars at this grade level.
