Massachusetts Colonial Note Fr#MA-282 May 5, 1780 $5 PMG 30 *Uncancelled*
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”. Significantly harder to find than its hole cancelled counterpart and boasts strong eye appeal.
Signers: Richard Cranch, Thomas Dawes, 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”. Significantly harder to find than its hole cancelled counterpart and boasts strong eye appeal.
Signers: Richard Cranch, Thomas Dawes, 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”. Significantly harder to find than its hole cancelled counterpart and boasts strong eye appeal.
Signers: Richard Cranch, Thomas Dawes, Peter Boyer (Guaranty)
Date: May 5, 1780
Denomination: $5
Friedberg #: MA-282
State: Massachusetts
Certification: PMG
Grade: 30
Comments: “Tear”