Massachusetts Colonial Note Fr#MA-282 May 5, 1780 $5 PMG 55
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 AU example with bright paper and bold ink. Very nice note for the price.
Signers: Ebenezer Wales, Samuel Henshaw, Thomas Walley (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 AU example with bright paper and bold ink. Very nice note for the price.
Signers: Ebenezer Wales, Samuel Henshaw, Thomas Walley (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 AU example with bright paper and bold ink. Very nice note for the price.
Signers: Ebenezer Wales, Samuel Henshaw, Thomas Walley (Guaranty)
Date: May 5, 1780
Denomination: $5
Friedberg #: MA-282
State: Massachusetts
Certification: PMG
Grade: 55
Comments: “Hole Cancelled”