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 “UNITED STATES” watermarked paper in red and black ink by Hall and Sellers with a similar style to Continental Currency, especially the emblems on the reverse. Additionally, this bill bears the signature of Loammi Baldwin, a Revolutionary War colonel, politician, and the father of American Civil Engineering. Absolutely stunning XF example with clean paper and bold ink. This example is uncancelled which is exponentially harder to find than its hole cancelled counterpart. Well deserving of the gold sticker from GCC.
Signers: Laommi Baldwin, 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 “UNITED STATES” watermarked paper in red and black ink by Hall and Sellers with a similar style to Continental Currency, especially the emblems on the reverse. Additionally, this bill bears the signature of Loammi Baldwin, a Revolutionary War colonel, politician, and the father of American Civil Engineering. Absolutely stunning XF example with clean paper and bold ink. This example is uncancelled which is exponentially harder to find than its hole cancelled counterpart. Well deserving of the gold sticker from GCC.
Signers: Laommi Baldwin, Samuel Henshaw, Peter Boyer (Guaranty)
Date: May 5, 1780
Denomination: $7
Friedberg #: MA-283
State: Massachusetts
Certification: PCGS & GCC
Grade: Extremely Fine 40, GCC Gold
Comments: “Uncancelled”
