DescriptionMassachusetts Treasury Certificate Mar. 1, 1781 Very Fine. Listed as MA-10 in Anderson's The Price of Liberty as an R-4, indicating that 76 to 200 pieces are known. This is the single most sought after piece of fiscal paper from the American Revolutionary period due to its elaborate engraving and the vignette of a Continental soldier with a raised sword surrounded by a rattlesnake, which appears in the upper left. The entire engraving for this piece was done by Nathaniel Hurd, a contemporary of Paul Revere. In past years, this bond was often attributed to Revere, due in part to the Sword in Hand vignette which is very similar to Revere's, and also due in a likely larger part to the power of wishful thinking. In any event, these 7 1/2" square bonds are highly in demand and eminently frameable. This piece grades essentially Extremely Fine, and is well printed, broadly margined, and problem-free save for some splitting at the edges and the horizontal center fold. A beautiful piece.
Estimate: $900 - up.
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