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1782 Massachusetts Interest-Bearing Certificate

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American Revolution

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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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