Lot 114 email save

Colonial Currency, RI, November 6, 1775, 40s

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Rhode Island Currency

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HIghest Denomination Only 1,500 Notes Printed In 1775

Colony of Rhode Island. November 6, 1775 Act. Forty Shillings. PASS-CO graded Very Fine-30.
Fr. RI-217. This is an exceedingly rare note, both for its issue and specially being the highest denomination, with only 1,500 authorized to be printed. For instance, whereas there were 20,000 Six Pence notes printed of the lowest denomination, only 1,500 Forty Shillings were printed. This entire issue was also to be redeemed back to the Treasury by November 1778, and all notes destroyed. This note has a well printed and centered, whole and complete appearance. There is some moderate conservation with the extreme top corner tips conserved, as noted on its holder. All three signatures are very well written in red and brown ink on solid, clean paper. Low Serial number 218. According the the current PMG "Population" report, to date, they have not yet graded any Forty Shillings note of this issue. A truly remarkable rarity, in excellent circulated quality, which deserves strong, serious consideration from Colonial Rarity and Rhode Island currency collectors.



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