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Lot 89386

Image Information

Type Currency
Title Lot 89386
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 485 Pounds 11 Shillings January 1, 1780 Anderson-Smythe MA-22. PCGS Very Fine 35 Apparent. The third "Commodity Bond" type, without the imprint at lower right. The size and are layout similar to the previous. Printed on laid paper, with a partially visible and unattributed watermark, from an engraved plate by J. M. Furnass. 27.0 cm by 13.0 cm. The fancy title across is richly embellished above and below, 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. 5627. Issued and signed by Dawes, Cranch, and Henry Gardner (pen cancelled). A docketed endorsement is on the back. Noted with "Small Edge Splits." Untrimmed and full size, with the splits confined to wide margins. Overall, this is sharp. 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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