Description

    Extremely Rare Vermont 10 Shilling

    Vermont February 1781 10s Fine. All Vermont notes are very rare, and most known examples are extremely low grade, many having been pieced together from fragments of several different notes, such as this example. Vermont notes were 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 added-to further by the fact that these retained their validity for tax payments, but the Treasury was denied the right to reissue the bills, and they were burnt when received as taxes. The presently offered piece grades Fine with multiple well-done restorations. Expect the hammer to fall above the estimate of...

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    Auction Dates
    April, 2006
    27th-29th Thursday-Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
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