LOT #20041 |
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Maryland June 28, 1780 $20 PMG About Uncirculated 50 EPQ.. ...
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Sold on May 7, 2024 for:
$1,200.00
Bid Source: HA.com/Live bidder
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Description
Maryland June 28, 1780 $20 PMG About Uncirculated 50 EPQ.$346,000 in legal tender Bills payable in Spanish milled dollars with 5% interest by Dec. 31, 1786 was authorized by Acts passed at the June 12, 1780 and Oct. 17, 1780 sessions pursuant to a Continental Congress Resolution of Mar. 18, 1780, guaranteeing the payment of the bills and making the amount issuable dependent upon the amount of Continental Currency exchanged at $40 (old) for $1 (new). Face printed in black and back in red and black by Hall & Sellers in Philadelphia on mica-flaked paper watermarked UNITED STATES in two lines. The face border cuts and back cuts surrounding the emblems were engraved by Henry Dawkins, a former counterfeiter for the British. Border cuts and emblems on the back were from the Jan. 14, 1779 issue of Continental Currency. This note was signed by Nicholas Harwood and John Callahan. The guaranty was signed by Harwood. The $20 note was the highest denomination for the series. PMG mentions as made ink. In our Colonial Currency Showcase Auction, we sold a PMG About Unc 53 for $1,320.
Auction Info
2024 May 7 - 10 CSNS US Currency Signature® Auction #3595 (go to Auction Home page)
Auction Dates
May, 2024
7th-10th
Tuesday-Friday
Bids + Registered Phone Bidders: 3
Lot Tracking Activity: N/A
Page Views: 91
Buyer's Premium per Lot:
20% of the successful bid per lot.
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