R-8 Vermont Loan CertificateVermont Loan Certificate Windsor Sept 22 1785 Very Fine-Extremely Fine. By far the most rare of the three different Vermont certificates listed in Anderson. Anderson rates this as an R-8, indicating 1 to 3 examples known. This is the first we have ever seen, and it's a beauty. Save for some very mild staining at the far right end, this note is a full XF-AU. It's pure white, deeply embossed and it shows no signs of circulation save for the light stain, a short split and quarterfolding. It's signed by I. Allen, who we believe was Ira Allen, the brother of Ethan Allen and a magic name in New England history. This piece is at the highest level of historic value, but that can be challenging to interpret in terms of dollars. Estimating this is a pure guess, but we have seen the far more common pieces sell in the $5000 plus range.
Estimate: $7,500 - up.
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