Colonial Valley Collection - Complete NY Water Works Set
August 25 1774 (Water Works) 2 Shillings

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Note Details

Set Details

Note Description: New York Colonial Note
2 Shillings August 25, 1774 (Water Works) Colonial Notes
Grade: VF 20 NET
Country: US
Note Number: NY-169
Certification #: 8074288-002  
Owner: Colonial Valley Collection
Sets Competing: Colonial Valley Collection - Complete NY Water Works Set  Score: 221
Date Added: 7/20/2020
Research: See PMG's Census Report for this Note

Owner's Description

This is an example of a raised bill. A counterfeiter used a 2 shilling bill and altered the wording to make it appear to be an 8 shilling bill. Close examination reveals that the borders are the incorrect color for a an 8 shilling bill. A genuine 8 shilling bill has red borders, a two shilling bill has black borders.

Raised bills are very rare and each one is a unique piece of art. They are generally found in heavily circulated condition. The bills were made to appear circulated to hide the alterations and to enhance confidence in the bill by making it appear that it had been accepted by others.

This is the only raised Water Works bill known to exist.

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