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