Massachusetts Colonial Note Fr#MA-279 May 5, 1780 $2 PMG 55

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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”. Very appealing example with light paper.

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”. Very appealing example with light paper.

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”. Very appealing example with light paper.

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

Date: May 5, 1780

Denomination: $2

Friedberg #: MA-279

State: Massachusetts

Certification: PMG

Grade: 55

Comments: “Hole Cancel, Tear”