Colonial Currency RI. July 2, 1780 $20 Signed AU
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Rhode Island Currency
Rhode Island July 2, 1780 $20 Fully Signed and Issued
State of Rhode Island. July 2, 1780. Twenty Dollars. “Guaranteed” by the United States Issue. Fully Signed and Issued. Choice Crisp About Uncirculated.
Fr. RI-289. A specially made internal watermark within the period laid paper reads, “CONFEDE-RATION.” This issue carried a 5% Annual Interest, a chart of which is printed on the lower left of the face side and is further “Guaranteed” by the United States. The Act to print these special notes also known as America’s first financial “Bailout” with Continental Congress (Federal) support and guarantees of this money! The earlier Paper Money issues were valued at a rate of $40 in Old Money for $1 in these New 1780 “Guaranteed” Act notes. A fully original note of the highest denomination on this issue.
Rhode Island July 2, 1780 $20 Fully Signed and Issued
State of Rhode Island. July 2, 1780. Twenty Dollars. “Guaranteed” by the United States Issue. Fully Signed and Issued. Choice Crisp About Uncirculated.
Fr. RI-289. A specially made internal watermark within the period laid paper reads, “CONFEDE-RATION.” This issue carried a 5% Annual Interest, a chart of which is printed on the lower left of the face side and is further “Guaranteed” by the United States. The Act to print these special notes also known as America’s first financial “Bailout” with Continental Congress (Federal) support and guarantees of this money! The earlier Paper Money issues were valued at a rate of $40 in Old Money for $1 in these New 1780 “Guaranteed” Act notes. A fully original note of the highest denomination on this issue.
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Colonial Currency RI. July 2, 1780 $20 Signed AU
Estimate $300 - $400
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