MD-112. Maryland. June 8, 1780. $4. PCGS Currency Very Fine 30.
No. 4506. Plate None. Known as "Black Money" owing to the black borders. This rare issue can be traced to £30,000 worth of notes backed by stock deposited with the Bank of England and confiscated Tory property; the issue authorized under the June 8, 1780 Act could further be redeemed with 5% interest by May 1, 1786 under the very same legislation which authorized it. PCGS Currency comments "Minor Restorations."
Estimate: $1000.00- $1500.00
Price realized | 600 USD |
Starting price | 600 USD |