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29 October 2016, 09:00 PST
Rancho Santa Fe, CA, USALive Auction
Lot 124: Colonial Currency, PA, April 20, 1781. 3 Pence. Error Spelling with Penee.(24 views)
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Estimate: $900 - $1,200
Famous Signers on Colonial Currency
April 20, 1781 Three Pence Pennsylvania Note "Penee" Error Boldly Signed By Richard Bache Postmaster General
RICHARD BACHE (1737-1811). In 1767 married the daughter of Benjamin Franklin, served on many committees in the American Revolution, including the Board of War, succeeded Benjamin Franklin as Postmaster General in 1776, in office till 1782.
Commonwealth of Pennsylvania. April 20, 1781. Three Pence. Plate A. "Error" spelling with "Penee." PCGS graded Choice About New-58 Premium Paper Quality. Fr. PA-241. This is a bright, fresh and extremely clean note that is very well printed. The vivid brown signature of Richard Bache (who married Benjamin Franklin's daughter and was the second Postmaster General of America, after Franklin in 1776). The quality laid paper was produced with the watermark "PENSL-VANIA." Listed in Newman valued at $1,500 in CU. This note is crisp and the surfaces of the paper still retain traces of original press text embossing. A period "Error" note, it has the final word of the text misspelled "Penee."
Richard Bache (1737-1811) moved from New York to Philadelphia. In 1767 he married Sarah, the daughter of Benjamin Franklin. He served on many committees in the American Revolution, including the Board of War. He succeeded Franklin as Postmaster General in 1776 and held office until 1782.