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Lot 116

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Colonial Currency, RI, May 22, 1777, $1/9

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Rhode Island Currency

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May 22, 1777 Rhode Island One Ninth Dollar PMG VF-30

State of Rhode Island. May 22, 1777. One Ninth of a Dollar. PMG graded Very Fine-30.
Fr. RI-268. This low denomination note has rich, bold black printed text and designs, with the overall appearance of Extremely Fine. This note has been "Net" graded to VF-30 due to an deft sealed centerfold split, as noted upon its holder. The signature and serial number are written in deep bold brown, adding rich color and eye appeal. Only 15,000 notes were authorized to be printed in 1777 and were due to be redeemed into the Treasury by May 1785. According to the current PMG "Population" report, to date, they have only graded four notes, this VF-30 being the Finest certified note recorded.



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