||Pennsylvania April 29, 1780 10 Shillings Fr. PA-226. PCGS Fine 15 Apparent. This is an intriguing and very rare series printed by John Dunlap, with examples rarely offered for sale or even seen. This was an interest bearing issue, at the rate of 5%, and to be redeemed in "Silver Dollars." Most were redeemed, and the issue was not repudiated after the Revolution, as were all the other early states' obligations. The Boyd Collection contained five different denominations, which were acquired over decades: a remarkable achievement. This is a superior example, and we believe it to be finer than Boyd's. Noted with "Small Edge Splits; Stains," with those stains more visible on the back. This is a rarely seen type in any grade, and only comprehensive collections have held any examples. Ex: Eric P. Newman Numismatic Education Society
Realized $763.75. Newman VII (Heritage Auctions, 10/2015), lot 18191. Description courtesy of Heritage Auctions.