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1780 Revolutionary War Era 6% Commodities Bond

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American Revolution
1780 Revolutionary War Era 6% "Commodities" Bond

State of Massachusetts Bay 1/1/1780. Partially-Printed Treasury Certificate, 6 per cent. 330 Pounds, Commodities Bond. Anderson MA-20. Very Fine.
Rarity-6. This rare form is popular as being payable in funds based against a basket of commodities to retain its value, such as Corn, Beef, Sheepswool and Sole Leather, etc. Authorized to cover the depreciation of pay soldiers received while serving in the Continental line. Dawes, Cranch and Gardner. Well printed in dark black on quality laid paper with some light overall soiling.

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Auction details

Coins-Currency-Autographs-Americana
9:00 AM PT - May 18th, 2008

offered by
Early American

P.O. Box 3507
Rancho Santa Fe, CA 92067
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