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Description

Massachusetts 1781 $16 PMG Very Fine 30. Until about six years ago this denomination was unknown and therefore uncollectible. It is listed in Newman as currency and also in Anderson as fiscal paper. A very small group then appeared and the price was set at several thousand dollars for Extremely Fine examples. This note certainly has the fold count and eye appeal of an Extremely Fine note with great embossing and a small hole cancel. The last example we sold in this grade was a year ago for $1,600 and that seems light in terms of the rarity of this piece.

Auction Info

Auction Dates
November, 2009
10th Tuesday
Internet/Mail Bids: 0
Lot Tracking Activity: N/A
Page Views: 254

Buyer's Premium per Lot:
15% of the successful bid per lot.

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