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Lot 20011

Estimate: 500 USD   |   Starting price: 250 USD Price realized: 360 USD
Liberia – Treasurer of the Republic of Liberia 1 Dollar December 28, 1863 P-7c. PCGS Very Fine 25 Apparent. ...

Liberia – Treasurer of the Republic of Liberia 1 Dollar December 28, 1863 P-7c. PCGS Very Fine 25 Apparent. A historic paper money issue that can also appropriately be collected alongside American notes. These notes actually circulated in Liberia. Earlier notes, printed by colonization societies from the United States, appear not to have circulated in Liberia. Reverend Robert Finley of New Jersey proposed the idea of the American Society for Colonizing the Free People of Color in the United States in 1816. The American Colonization Society (1816-1865) established the colony of Liberia in 1817 with the purpose of settling free blacks and manumitted slaves in Africa. According to pbs.org, "The motives of the ACS members varied considerably. Some were genuine allies of free blacks, and were concerned for their welfare. Some hoped that colonization would eradicate slavery. Others wanted to maintain the institution of slavery but rid the country of free blacks, who they believed posed a serious threat as potential fomenters of slave rebellion." Slave owners Henry Clay, Francis Scott Key, and Bushrod Washington were among the officers of the Society. The first of approximately 15,000 settlers from the United States arrived in 1822, and in 1847, the "Americo-Librerians" established an independent republic. Four denominations from this series were made. Printed uniface on white paper, without imprint. The symbolism used on the series’ notes is appropriate. The common vignette at the center shows a ship arriving on the shores of Africa with a dove of peace holding the scroll representing freedom. Noted with "Small Rust Stains," this example is broadly margined on all sides and rarely seen as such. This represents the historic issue perfectly. Ex: Eric P. Newman Numismatic Education SocietyHID07501242017
Very Fine 25

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