Auction details
8:00 AM PT - Sep 25th, 2004
offered by
Early American History Auctions
P.O. Box 3507 Rancho Santa Fe, CA 92067
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Lot 2079
1782 Massachusetts Interest-Bearing Certificate
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American Revolution January 1, 1782 Commonwealth of Massachusetts, Interest-bearing Certificate, Anderson MA-31, Choice Extremely Fine, small hole-cancel. 7.25” x 7.” Serial No. 2902. Rated as Low R-6 (Very Rare) by Anderson. An attractive piece with an ornate indented border on the left side. Four interest endorsements along the left side. Face value of Eight Pounds, 6 Shillings, and 1 Pence, plus interest at 6% per annum. Both the principal and the interest were “...to be paid in the several Species of Coined SILVER and GOLD...” A surprisingly elusive piece of fiscal history.
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