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Lot 89385

Image Information

Type Currency
Title Lot 89385
Date 1781
Country United States
Denomination $16
Description State of Massachusetts Bay - (Act of January 13, 1780) 6% Treasury Loan Certificate Payable "in then Current Money" or "in greater or less sum" than various Commodities 261 Pounds January 1, 1780 Anderson-Smythe MA-21. PCGS Very Fine 25 Apparent. A second "Commodity Bond" type, with the imprint positioned differently. The size and layout are similar to the previous. Printed on laid paper from an engraved plate by J. M. Furnass, imprint inside the far loop of "Treasurer." 27.0 cm by 13.5 cm. The fancy title across is richly embellished, with the serial number to the left and date underneath at right. Intricate border cuts were widest at the left for the indenting at issue. Complex text and obligations are across with blanks, enactments applicable to the authorization, and equivalent amounts of various commodities. An embossed stamp is on the text. No. 2000. Issued and signed by Dawes, Cranch, and Henry Gardner (pen cancelled). A docketed endorsement is on the back. Noted with "Edge Splits; Tears and Minor Damage." A small chip is off the wide bottom margin, and the faults are typical to the series. But this is a sharply printed bond, and the paper still has excellent originality and embossing. Ex: Eric P. Newman Numismatic Education Society, Heritage Auctions Internet Sale (5/2017). (Description courtesy of Heritage Auctions, Realized $376.00.

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Image Collection Eric P. Newman Collection (Internet Sale 3)
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