Massachusetts Colonial Note Fr#MA-284 May 5, 1780 $8 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”. Although this example has been pen cancelled, it is significantly harder to find than its hole cancelled counterpart.
Signers: Thomas Dawes, Richard Cranch, 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”. Although this example has been pen cancelled, it is significantly harder to find than its hole cancelled counterpart.
Signers: Thomas Dawes, Richard Cranch, 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”. Although this example has been pen cancelled, it is significantly harder to find than its hole cancelled counterpart.
Signers: Thomas Dawes, Richard Cranch, Peter Boyer (Guaranty)
Date: May 5, 1780
Denomination: $8
Friedberg #: MA-284
State: Massachusetts
Certification: PMG
Grade: 30
Comments: “Pen Cancelled, Tape”