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    Description

    State of Massachusetts-Bay Treasury Loan Certificate. One page, 9" x 6", [Boston, Massachusetts]; December 1, 1777. A treasury loan certificate, No "1475," for "Fifty Four pounds twelve shillings" issued to James Drew, with a due date of March 1, 1782, with a per year interest of six percent. The certificate bears the cancelled signature of H. Gardner. Treasurer, and the signatures of J. Scollay, Eze. Price, and J. Boyer as members of the Committee. These notes or debt loan certificates were used by Massachusetts and other state to pay costs incurred during the Revolutionary War. On the verso of the certificate there is in ink a note indicating that the certificate was redeemed by Drew in November 1783 for 118 pounds, 11 shillings, and 8 pence.
    Condition: The certificate has horizontal and vertical folds, with two of the vertical folds repaired on the verso. Otherwise, good condition.



    Auction Info

    Auction Dates
    May, 2017
    11th Thursday
    Internet/Mail Bids: 10
    Lot Tracking Activity: N/A
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