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    Rhode Island July 2, 1780 $2 Very Choice New. The first of a group of seven fully signed and issued Rhode Island guaranteed notes. The guarantee on the back is signed by J Arnold for the United States. Each has a handwritten "int. paid one year" across the face. Only the $1 denomination is missing from what would otherwise be a complete set. All seven notes have the handwritten serial number 1777. There has always been, and remains, some doubt as to the current possible legal tender status of these notes as well as if, and when, the interest clock stopped. A number of different collectors have been gathering notes of this issue, apparently while each outwaits the other, hoping someone will research the answer to this potential treasure hunt. This group should prove particularly popular as the notes are high enough grade to also interest Colonial collectors and the higher denomination pieces, which are far more desirable, are all present.

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    Auction Info

    Auction Dates
    September, 2005
    21st-23rd Wednesday-Friday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 209

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