Massachusetts Colonial Note Fr#MA-280 May 5, 1780 $3 PCGS 63
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 crisp paper plus bold ink and signatures.
Signers: Richard Cranch, Samuel Henshaw, 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 crisp paper plus bold ink and signatures.
Signers: Richard Cranch, Samuel Henshaw, 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 crisp paper plus bold ink and signatures.
Signers: Richard Cranch, Samuel Henshaw, Peter Boyer (Guaranty)
Date: May 5, 1780
Denomination: $3
Friedberg #: MA-280
State: Massachusetts
Certification: PCGS
Grade: 63
Comments: “Hole Punch Cancel, Minor Staining”