DescriptionContinental Loan Office Bill of Exchange Second Bill- $600 Sept. 18, 1779 Anderson US-102/PA-10A. PMG Fine 12.
The $600 denomination is listed in Anderson as "unknown." Printed in blue-green and black ink, this bill was signed by Hopkinson and Smith. John Keble was the payee, but this note eventually reached William Bingham as evidenced by the endorsements on the back. One of the founders of the Bank of North America, Bingham was also a delegate to the Continental Congress from Pennsylvania. Staining is observed at lower right along with a small area of paper loss. However, the rare denomination, the "UNITED STATES 2" watermark, and the Bingham connection all contribute significantly to the desirability of this piece. The R2 rating assigned for this signature combination in Anderson is irrelevant given those other attributes.
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