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. This $20 was the highest denomination of the series. Additionally, this bill bears the signature of Loammi Baldwin, a Revolutionary War colonel, politician, and the father of American Civil Engineering. Lovely problem free VF+ example with eye appeal well deserving of the Green sticker from GCC.
Signers: Richard Cranch, Laommi Baldwin, Thomas Walley (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. This $20 was the highest denomination of the series. Additionally, this bill bears the signature of Loammi Baldwin, a Revolutionary War colonel, politician, and the father of American Civil Engineering. Lovely problem free VF+ example with eye appeal well deserving of the Green sticker from GCC.
Signers: Richard Cranch, Laommi Baldwin, Thomas Walley (Guaranty)