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Massachusetts Colonial Note Fr#MA-285 May 5, 1780 $20 PMG 35

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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”. Nice note for the price.

Signers: Richard Cranch, Thomas Dawes, Joseph Henderson (Guaranty)

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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”. Nice note for the price.

Signers: Richard Cranch, Thomas Dawes, 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”. Nice note for the price.

Signers: Richard Cranch, Thomas Dawes, Joseph Henderson (Guaranty)

Date: May 5, 1780

Denomination: $20

Friedberg #: MA-285

State: Massachusetts

Certification: PMG

Grade: 35

Comments: “Ink, Hole Cancel”