Massachusetts Colonial Note Fr#MA-281 May 5, 1780 $4 PMG 45 EPQ
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”. Gorgeous example with light paper and bold ink, well deserving of the EPQ designation from PMG.
Signers: Ebenezer Wales, Samuel Henshaw, Joseph Henderson (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”. Gorgeous example with light paper and bold ink, well deserving of the EPQ designation from PMG.
Signers: Ebenezer Wales, Samuel Henshaw, Joseph Henderson (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”. Gorgeous example with light paper and bold ink, well deserving of the EPQ designation from PMG.
Signers: Ebenezer Wales, Samuel Henshaw, Joseph Henderson (Guaranty)
Date: May 5, 1780
Denomination: $4
Friedberg #: MA-281
State: Massachusetts
Certification: PMG
Grade: 45 EPQ
Comments: “Hole Cancel, Exceptional Paper Quality”