||North Carolina - Act of December, 1785 6% Interest to the Indebted of the Continental Line, dated at Warrenton 38 Pounds 12 Shillings 1 Penny May 1, 1786 Anderson-Smythe NC-13. PCGS Fine 15 Apparent. A different style "Army Certificate," payable at Warrenton and from a new enactment. Retroactive in use to compensate the former line troops from the State. A small format certificate printed on laid paper. 12.5 cm by 9.5 cm. Similar to the previous, but the paper is thinner. The ornamental bordering is even on all sides and indented at the left. The typeset obligation had blanks for issuance. No. 868. Issued and signed by two commissioners. It has heavy face endorsement, but is not endorsed on the back. Rare, as the issue was not assumed by the Federal assumption plan in 1790. Noted with "Small Edge Splits and Minor Damage at Top Center." There are variations of this type known to us. Ex: Eric P. Newman Numismatic Education Society, Heritage Auctions Internet Sale (5/2017).
(Description courtesy of Heritage Auctions, ha.com.) Realized $517.00.