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Massachusetts Colonial Note Fr#MA-282 May 5, 1780 $5 PCGS 58 PPQ *Ex. Ford*

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This later issue Massachusetts note was redeemable in Spanish milled dollars by December 31, 1786 with 5% interest. The exchange rate for these bills was $40 in older Continental Currency for every $1. Printed on red and black paper by Hall and Sellers with a similar style to Continental Currency, especially the emblems on the reverse. The paper is watermarked “UNITED STATES”. Striking example with bright paper plus bold ink and signatures. Incredibly clean and well deserving of the PPQ designation from PCGS. A hole punch cancel is noted but it could easily pass as an internal tear. Previously a part of the revered Ford Collection.

Signers: Thomas Dawes, Richard Cranch, Peter Boyer (Guaranty)

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This later issue Massachusetts note was redeemable in Spanish milled dollars by December 31, 1786 with 5% interest. The exchange rate for these bills was $40 in older Continental Currency for every $1. Printed on red and black paper by Hall and Sellers with a similar style to Continental Currency, especially the emblems on the reverse. The paper is watermarked “UNITED STATES”. Striking example with bright paper plus bold ink and signatures. Incredibly clean and well deserving of the PPQ designation from PCGS. A hole punch cancel is noted but it could easily pass as an internal tear. Previously a part of the revered Ford Collection.

Signers: Thomas Dawes, Richard Cranch, Peter Boyer (Guaranty)

This later issue Massachusetts note was redeemable in Spanish milled dollars by December 31, 1786 with 5% interest. The exchange rate for these bills was $40 in older Continental Currency for every $1. Printed on red and black paper by Hall and Sellers with a similar style to Continental Currency, especially the emblems on the reverse. The paper is watermarked “UNITED STATES”. Striking example with bright paper plus bold ink and signatures. Incredibly clean and well deserving of the PPQ designation from PCGS. A hole punch cancel is noted but it could easily pass as an internal tear. Previously a part of the revered Ford Collection.

Signers: Thomas Dawes, Richard Cranch, Peter Boyer (Guaranty)

Date: May 5, 1780

Denomination: $5

Friedberg #: MA-282

State: Massachusetts

Certification: PCGS

Grade: 58 PPQ

Comments: “Premium Paper Quality”