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Vermont February 1781 2s6d Extremely Fine. One of the ...
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Vermont February 1781 2s6d Extremely Fine. One of the nicest Vermont notes that CAA has offered. This piece is solid, beautifully printed and problem-free save for very minor restorations. The horizontal center fold had been split at both ends and is now sealed, and the two upper corner tips have been restored. The restorations are done with consummate skill, making them invisible under all but the closest of expert scrutiny. The note has some margin all around, although it's small in most places. The back design is very well centered on three sides and slightly touching at the top. All Vermont notes are very rare, and most known examples are in extremely low grade. The majority of Vermont Colonials have been pieced together from several different notes, often of different denominations. Vermonts are unpriced in Newman above the Very Good grade. They are printed on thin, weak paper that quickly disintegrated in circulation. Their scarcity is due to the fact that only a single issue was emitted, and that issue, authorized in February of 1781, had its legal-tender status revoked after a little more than a year in circulation. The scarcity was increased by the fact that these notes retained their validity for tax payments, but the Treasury was denied the right to re-issue the bills, and they were burnt when received as taxes. The note is sharply printed, and it has tremendous eye appeal. A spectacular piece, fit for the very finest collection.Auction Info
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