New Hampshire April 29, 1780 $1 PMG Very Fine 20.
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DescriptionNew Hampshire April 29, 1780 $1 PMG Very Fine 20.
The Act of April 29, 1780 authorized $145,000 in legal tender Bills of Credit that bore 5% interest and were payable in Spanish milled dollars by December 31, 1786. The notes were similar in appearance to the January 14, 1779 issue of Continental Currency. 2900 $1s were printed as part of this series. The emblem on the back depicts a weighted bowl on top of an acanthus plant with the motto DEPRESSA RESURGIT (Though crushed it recovers). Although this note has seen some time in circulation, it retains clear design features, legible signatures of Robinson and McClure as well as J.T. Gilman who signed the guaranty, and decent margins. PMG mentions the large hole cancel which appears on many notes from this issuer
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