Massachusetts Colonial Note Fr#MA-285 May 5, 1780 $20 PMG 45
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”. Very appealing example with light paper and well deserving of PMG’s EPQ designation.
Signers: Thomas Henshaw, Ebenezer Wales, 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”. Very appealing example with light paper and well deserving of PMG’s EPQ designation.
Signers: Thomas Henshaw, Ebenezer Wales, 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”. Very appealing example with light paper and well deserving of PMG’s EPQ designation.
Signers: Thomas Henshaw, Ebenezer Wales, Peter Boyer (Guaranty)
Date: May 5, 1780
Denomination: $20
Friedberg #: MA-285
State: Massachusetts
Certification: PMG
Grade: 45
Comments: “Hole Cancel, Pinholes”