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    Description

    Scarce Small Sword in Hand Issue

    Massachusetts June 18, 1776 48s PCGS Extremely Fine 45.
    This Eight Dollar (48s) note is from the very scarce Small Sword in Hand issue, where the patriotic vignette appears on the face of the note. Although actually rarer than the Large Sword in Hand pieces, the market price has always lagged behind. The Friedberg catalog merely comments "rare" for this note in the Extremely Fine grade and prices it at $4,500 in Very Fine. This is the highest denomination of the issue and lists for $10,000 in Extremely Fine in the new Newman book. That price is out ahead of the market, but it is indicative of the true rarity of this note in high grade.


    Auction Info

    Auction Dates
    January, 2013
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 227

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