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    Massachusetts June 18, 1776 1s 3d PMG Very Fine 30 EPQ.
    According to PMG's Population Report, they have only graded two of these notes, with this the higher graded example of the two by ten points. Although PCGS has not released a Colonial census, based on our auction records and the new Colonial component to Track & Price, we know of one PCGS-graded example, with that note also ten points behind this example. These notes are encountered very infrequently, so do not pass up this opportunity if you are interested in adding one of these notes to your collection. According to Isaiah Thomas in the History of Printing in America, prior to the war, printing materials had been purchased from England. Once the war broke out, supplies had to be procured from the few mills in the Colonies. "The paper which these mills could make fell far short of the necessary supply. Paper, of course, was extremely scarce, and what could be procured was badly manufactured, not having more than half the requisite labor bestowed upon it. It was often taken from the mill wet, and unsized. People had not been in the habit of saving rags, and stock for the manufacture of paper was obtained with great difficulty. Every thing like rags was ground up together to make a substitute for paper. This, with wretched ink, and worn out types, produced miserable printing." Benjamin Edes printed this issue and Israel Hobart was the signer of this piece. This attractive, widely margined note earned the EPQ designation from PMG.

    Auction Info

    Auction Dates
    July, 2011
    12th Tuesday
    Internet/Mail Bids: 1
    Lot Tracking Activity: N/A
    Page Views: 361

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