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    Description

    1780 Massachusetts Commodity Bond

    State of Massachusetts Bay - (Act of January 13, 1780) 6% Treasury Loan Certificate Payable "in then Current Money" or "in greater or less sum" than various Commodities 406 Pounds 15 Shillings January 1, 1780 Anderson-Smythe MA-22. PCGS Very Fine 35 Apparent.
    This is the third "Commodity Bond" type, without the imprint at lower right, issued by the State of Massachusetts Bay. Printed on laid paper from an engraved plate by J. M. Furnass 27.0 cm x 15.2 cm The fancy title across is richly embellished above and below, with the serial number to the left and date underneath at right. Intricate border cuts were widest at the left for the indenting at issue. Complex text and obligations are across with blanks, enactments applicable to the authorization, and equivalent amounts of various commodities. An embossed stamp is on the text. No. 12038. Issued and signed by Cranch, Dawes, and Henry Gardner (pen cancelled). There is a long endorsement on the back, perpendicular to the face. Noted with "Small Edge Splits and Repairs in Margins," but with very full and broad top and bottom margins. The printing is quite sharp on this interesting printed fiscal form.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    November, 2018
    7th-10th Wednesday-Saturday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 241

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    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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