|Date||April 29, 1780|
|Grade||Extremely Fine 45|
Pennsylvania April 29, 1780 30 Shillings Fr. PA-229. PCGS Extremely Fine 45 Apparent. This is an intriguing and very rare series printed by John Dunlap. The Boyd Collection had five different denominations that were acquired over decades. They are rarely seen or offered for sale, except from advanced collections such as Newman's. This denomination appears to be Rarity 8 (1-3 known). This was an interest-bearing issue, at the rate of 5%, and to be redeemed in "Silver Dollars." The notes were mostly redeemed and the issue was not repudiated, like all the other early states' obligations, after the Revolution. Printed on two sides on watermarked PENNSYL / VANIA paper. This is a superior example, and the denomination was not in the Boyd Collection. Cited are "Minor Mounting Remnants on Back," and they are indeed minor. The face has excellent margins, and the note has well-printed surfaces on both sides. A very handsome example from a rarely encountered and unusual series. Ex: Eric P. Newman Numismatic Education Society
From Newman VIII (Heritage Auctions, 11/2017), lot 28125, realized $4320. Image and description courtesy of Heritage Auctions, https://ha.com.
|Image Collection||Early Paper Money of America / Pennsylvania / 1780 April 29|