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Early Paper Money of America / Massachusetts / 1714 May 26 High Denomination Plate successively redated 1716, 1718, 1721, 1722, 1723, 1724, 1725, 17251, 1727, 1733, 1735, 1736, and 1740

Commencing with an issue of £80,000 under an Act passed during the May 30, 1716 Session the high denomination plate was redated from time to time as new emissions were authorized. The existing dates were left unchanged. These notes contain the same signers as the re-dated issues from the lower plate. The supporting legislation for issues from the high denomination plate and from the previously described middle and low denomination plates is as follows:

£50,000 to be loaned for 5 years at 5% interest and £40,000 to exchange for old bills was provided by the June 25, 1714 and Nov. 4, 1714 Acts; £5,000 by the June 23, 1716 Resolve of which £1,000 was to be from the middle plate and £4,000 from the high denomination plate; £100,000 to be printed from the two highest denomination plates was to be loaned for 10 years at 5% interest pursuant to the Act of Dec. 4, 1716; £6,000 by the July 3, 1718 Resolve and £5,000 by the Dec. 2, 1718 Resolve were specified as reemissions but apparently were new issues; £50,000 was approved for loans on Mar. 31, 1721 from all plates; £12,000, £13,000 and £20,000 were issued pursuant to Resolves of July 3, 1722, Jan. 14, 1722/23 and Jan. 18, 1722/23; £20,000 and £20,000 by the July 2, 1723 and Dec. 27, 1723 Resolves; £25,000 and £30,000 by the June 13, 1724 and Dec. 1, 1724 Resolves; £40,000 and £30,000 by the June 16, 1725 and Nov. 30, 1725 Resolves; £20,000 on June 16, 1726; £5,000 on Dec. 17, 1726; £16,000 on June 19, 1727; £12,000 on Jan. 13, 1727/38; £60,000 and £20,000 on Feb. 21, 1727/38; £10,000 from the middle plate on June 13, 1728; £20,000 on Sept. 24, 1729; £13,000 on Oct. 17, 1730; £1,000 and £6,000 on April 24, 1731; £5,400 on May 26, 1731; £3,800 on Feb. 3, 1731/32; £3,000 on April 28, 1733; £76,500 on Oct. 3, 1733; £3,000 on April 10, 1734; £29,570 on July 6, 1734; £3,000 in April 1735; £41,207 on May 28, 1735; £3,000 on Mar. 17, 1735/36; £3,000 on May 26, 1736; £18,000 on Feb. 9, 1736/37; and £80,000 on July 7, 1740 which was the last date of Old Tenor issues.

According to the New England Courant of May 20, 1723 a counterfeit bill of £5 was apparently printed in England from a copper plate.

An official warning to the public about counterfeit 30s bills was published on September 24, 1726 in the New England Courant, naming the signers as James Davis, Peter Wear and Joshua Pierce. These signers are not known as authorized. The counterfeiters might have used arbitrary signers’ names to avoid any comparison with signatures of authorized signers on genuine bills.

30s  ▷CF◁
40s (£2)
£3 (60s)  ▷CF◁ 
100s (£5)  ▷CF◁

 
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