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    Description

    State of Massachusetts-Bay £10 Treasury Certificates Comm'tte War at 6% Interest Oct. 14, 1778. Anderson MA 4. Extremely Fine. This certificate was issued to pay drafts of the Board of War. This example is numbered 887. A resolve was passed on Dec. 6, 1776 requiring that a seal be placed over the handwritten amount of the certificates as a means to prevent alteration of the face value. The seal includes a tree and clasped hands along with the inscription DAT VIRES UNIO. Portions of the seal are visible. The certificates have been cancelled by means of several "X"s inked over the signature of H. Gardner, Treasurer and include notations written along the right margin stating that the first year of interest was paid. The indented left margins were also trimmed as part of the cancellation process. This note is graded Extremely Fine with a tear approximately 2 inches long at left center along with a small internal tear at the horizontal fold. The certificates are listed as R4, 76-200 known, in William G. Anderson's The Price of Liberty: The Public Debt of the American Revolution.

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    Auction Dates
    May, 2010
    4th Tuesday
    Internet/Mail Bids: 8
    Lot Tracking Activity: N/A
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