1945

Massachusetts Bay commodity bond, dated January 1, 1780, in the amount of 615 pounds, serial #12682.

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:250.00 USD Estimated At:400.00 - 600.00 USD
Massachusetts Bay commodity bond, dated January 1, 1780, in the amount of 615 pounds, serial #12682.
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Massachusetts Bay commodity bond, dated January 1, 1780, in the amount of 615 pounds, serial #12682. Anderson MA-22. 5-1/2" x 10-3/4". Linking its value to commodities like corn and beef, bonds like this were authorized to cover the depreciation of pay received by Continental soldiers and sailors, with embossed seal over value, curved-cut left-hand margin and X's over signature of Treasurer H. Gardner from redemption, this specimen also signed by committeeman M. Dawes, payable to Lieut Abner Graves, VF with light folds, with “For Abner Graves” and “Lt Abner Graves, B17/11…” handwritten on back.