Rhode Island Colonial Note Fr#RI-297 May, 1786 10 Shillings PMG 40 *Nice Example*

This 1786 late issue Rhode Island note was printed by Southwick and Barber and features a typeset design with an elaborate boarder and the Rhode Island State Arms on the left center. Interesting top boarder with birds and a beautiful anchor emblem at the center of the note. Higher denominations such as this 10 Shilling note have a printed back with elaborate ornamental boarders and a Death to Counterfeit warning. This issue was riddled with depreciation, by 1789 these notes only carried 10% of their original value. Consequently, over 96% of this issue was burned by the state between 1793 and 1803. Very nice problem free example for the price.

Signers: Jonathan Hazard, Elijah Cobb