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Image Information

Type Currency
Title $200
Date 1777 (Handwritten Dates and Denominations)
Country U.S.
Grade Very Fine 30
Service PCGS
Denomination $200
Description Rhode Island General-Treasurer 1777 Written Dates "January 11, 1777"$200 " 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. The note was issued to Stephen Mumford and endorsed by him on the back. This is the Anderson-Smythe type listed as RI-1 (another $200 denomination is plated, courtesy of NASCA auctions) and rated High Rarity-7 (4-6 known), but it might be rarer than that rating. We had never cataloged a note of this series until the Newman Part VI sale in April. That $100 written denomination realized $11,750. This sharp-looking example presents a golden opportunity to obtain one the rarest late Rhode Island issues. Ex: Eric P. Newman Numismatic Education Society Realized $10575.00. Newman VII (Heritage Auctions, 10/2015), lot 18205. Description courtesy of Heritage Auctions.
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