Description

    "All in One Piece" 1s3d Vermont Colonial

    Vermont February 1781 1s3d. A near impossible note to grade as it is internally a solid Very Fine, but the corners are extremely rounded, the edges have pieces missing, and there are a number of short splits and holes. As a Vermont, the condition is extraordinary. The note is all from a single original piece, and not a jigsaw puzzle as so many notes are. It is free of repairs and restorations, and, with the exception of the upper-left corner-tip, every bit of the original design is present. Both signatures remain bold, and the note is pleasing enough to satisfy any collector of this very rare series. All Vermont notes are very rare, and most known examples are in extremely low grade. The majority of the known pieces 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.

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    Auction Dates
    September, 2008
    17th-21st Wednesday-Sunday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
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