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The E-Sylum: Volume 23, Number 47, November 22, 2020, Article 18

COLTRANE 1776 NORTH CAROLINA HALIFAX NOTE SET

Stu Levine, Bruce Hagen, and Maureen Levine submitted this preview of Halifax notes in the upcoming Heritage sale of the Mike Coltrane Collection of North Carolina Currency. -Editor

Fifty-Six Reasons North Carolina Currency is Unique
The Mike Coltrane Collection

Mike Coltrane collected notes from his native North Carolina from Colonial times to the modern era. Perhaps his greatest collecting achievement was attaining a complete set from the April 2, 1776, "at Halifax" issue. This is among the most interesting series of all Colonial notes. There are 56 distinct vignette types (seen at the lower left of each note), ranging from $1/16 to $20 denominations, and all of them merit consideration and further study. Certain types appear on different varieties of paper, depending upon what was available at the time of printing. Few collectors, including several advanced Colonial note specialists, have managed to obtain all 56 types (even the Boyd Estate holding was not complete, despite decades of access to major collections), but Mike Coltrane accomplished this worthy endeavor. High-grade notes on many vignette types are unknown to us. All will be offered unreserved at auction on November 29, 2020, by Heritage Auctions.

North Carolina April 2, 1776 $1-16 Beetle

North Carolina April 2, 1776 $1/16 Beetle Fr. NC-153a PMG Very Fine 20

The six different $1/16 notes are among the most difficult of the denominations to find in all grades. They were needed for small change and printed on thin paper that split readily. This ‘Beetle" is among the finest and is ex: Eric P. Newman Collection. Lot 95068.

North Carolina April 2, 1776 $1-2 GL in White Script

North Carolina April 2, 1776 $1/2 GL in White Script with Toothed Border of Radial Lines Monogram Fr. NC-156f PCGS Very Fine 35

The monogram types from the series are rather mysterious and differ greatly from the variety of animals, sea creatures, and patriotic themes seen on other notes. Lot 95101.

North Carolina April 2, 1776 $1 Raccoon

North Carolina April 2, 1776 $1 Raccoon Fr. NC-157b PCGS Fine 15

Several of the $1 notes are among the rarest in the series. This is another denomination that widely circulated concurrently with the Continental Currency. The fact that the "Raccoon" type was missing from the Boyd Collection attests to its great rarity. Lot 95109.

North Carolina April 2, 1776 $12 1-2 Eagle

North Carolina April 2, 1776 $12 1/2 Eagle Fr. NC-167 PMG Choice Extremely Fine 45

One of several unusual denominations (there were also $2-1/2, $7-1/2, and $15 notes) in the series. Rare with only 3,000 authorized. A well-printed example with strong vignette details. Lot 95135.

North Carolina April 2, 1776 $20 Rattlesnake

North Carolina April 2, 1776 $20 Rattlesnake Fr. NC-169 PMG About Uncirculated 50

The highest denomination from the issue and with the Revolutionary War motto DON'T TREAD ON ME with a coiled rattlesnake. Popular with all Colonial note collectors. Lot 95137.

This important collection, featuring 385 lots, will be auctioned online on Sunday, November 29, 2020, commencing at 6:00 PM Central Time (7:00 PM Eastern). For further information please contact Jose Berumen at JBerumen@ha.com or 214-409-1299. All lots are currently on view and open for bidding now at ha.com/62155.

To read earlier E-Sylum articles, see:
COLTRANE NORTH CAROLINA CURRENCY TOUR (https://www.coinbooks.org/v23/esylum_v23n46a19.html)
THE CROW, THE PITCHER, AND THE PEBBLE (https://www.coinbooks.org/v23/esylum_v23n44a25.html)

HLRC E-Sylum ad 2020-10-11 1916 quarter


Wayne Homren, Editor

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