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    Description

    Massachusetts 1781 $16 PMG About Uncirculated 50. This is the second time we have offered this particular example, which is likely one of the $16 notes that turned up when a group of five 1781 Massachusetts notes surfaced a number of years ago. At the time, we sold three of those pieces in one sale, with the following description, "The entire issue is unpriced in Newman and noted as 'Extremely Rare' in Friedberg. Until this small group appeared, no examples were known of this $16 denomination, and the other denominations ($4, $6 and $8) were represented by one to three of each. These three notes turned up with a large group of canceled Massachusetts Guaranteed notes and a small group of high-grade Massachusetts fiscal paper. We know of two other pieces, also $16, that turned up with this group. All three of the pieces that we offer are essentially identical, varying only in centering. Had but a single piece turned up, it could well have realized $15,000 or more. With this small group all appearing at once, an accurate estimate is impossible. We're confident that these pieces will surely realize . . ." At that sale, the three pieces each realized between $5400 and $6600. This note will likely bring about the same.

    Estimate: $3,000 - up.

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    Auction Info

    Auction Dates
    June, 2010
    17th-21st Thursday-Monday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 191

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