||Rhode Island General-Treasurer 1777 Written Dates "January 28, 1777" $100 " 6%...within Two Years" Note Fr. RI-UNL Anderson-Smythe RI-1. PCGS Very Fine 30. This is an extremely rare large format note printed on sturdy, card-like paper. It was a 6% interest bearing note, payable within two years, per the obligation. Not listed in Newman or Friedberg, but not unlike the next series of notes. It appears the intent of the note was to circulate with endorsements if necessary. At the top center is the Rhode Island emblem. Obligation and texts are within ornamental pattern borders, and the left end was intended as an indent. The note was issued to Stephen Mumford and endorsed by him on the back. This is Anderson-Smythe listed as RI-1 and rated High Rarity-7 (4-6 known), but it might be rarer than that rating. A beautiful example with minor soiling only. A key specialist note and first we have cataloged. Ex: Eric P. Newman Numismatic Education Society.
Realized $11,750.00. Newman VI (Heritage Auctions, 4/2015), lot 19546. Description courtesy of Heritage Auctions.