Neat Colonial Note from the State of Massachusetts-Bay and dated May 5, 1780. This note was printed just prior to the end of the Revolution. The denomination is Two Spanish Milled Dollars.
- From a group of notes printed in Massachusetts during the Revolutionary War.
- Authorized by the Massachusetts legislature on May 5, 1780.
- Housed in an archival quality currency sleeve and graded Very Fine-30 by PMG.
- This note has been canceled as noted by the punch. Also noted "Foreign Substance" which looks to us to be simply age toning.
- Face: Features the state name at top with the obligation below.
- Back: Great red and black printing to deter counterfeiting.
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These notes were made by Hall & Sellers of Philadelphia. This example has been hole canceled, which is typical of these issues.
Colonial issues preceded the Continental Notes by many decades, and some are quite rare. These notes are in demand among collectors and rising in value due to the limited numbers printed.