DescriptionVermont February 1781 1s Fine-Very Fine Restored. One of the more eye-pleasing Vermonts that we have had the pleasure of handling. At a glance, it appears to be both a solid Very Fine and to be unrestored. On closer inspection, it becomes apparent that the bottom inch of the note is actually from a different note than the top two-thirds. This is very often the case with Vermont notes, and on this particular example, the face-to-back registration allowed for an almost perfect blending of the two pieces. Vermont notes were printed on thin, weak paper that disintegrated rapidly, and fragments of notes are far more common than whole examples. Early collectors often "cobbled together" whole notes from the pieces that were available to them. This is one of the better efforts we've seen, and the note really does look like a solid VF. Of the dozen pieces of Vermont currency that we have sold virtually none have ever sold for less than $6,000 with a vast majority landing in the five figure price range.
Estimate: $9,500 - up.
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