220

State of Connecticut June 1, 1780 9 Pence Fr. CT-226 Canceled Grades Choice AU/BU Slider

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:100.00 - 200.00 USD
State of Connecticut June 1, 1780 9 Pence Fr. CT-226 Canceled Grades Choice AU/BU Slider
State of Connecticut June 1, 1780 9 Pence Fr. CT-226 Canceled Grades Choice AU/BU Slider. An emission of £50,000 in bills of credit as Treasury Notes payable by March 1, 1784 with 5% interest in Spanish milled dollars at the rate of 6s per milled dollar, or silver or gold coin equivalent. Printed in New London by Timothy Green II with engraved borders and typeset text. (This Green is the first cousin once removed of Timothy Green Jr., who had printed currency for Connecticut until his death on October 3, 1763). The front of each note shows the seal of the colony with three grape vines and a hand that points to the right on some denominations and to the left on others. The scroll carries the abbreviated motto "QUI TRAN SUST" sometimes lacking the final N or final T (What is transplanted survives). In the border is: "SIGILLUM : COLON : CONNECTICENSIS" (Seal of the Colony of Connecticut). This form of the seal was on every emission from 1755 -1780. The June 1780 emission was signed and numbered in red ink and usually slash or hole canceled upon redemption. The denominations printed were: 9d, 1s3d, 1s6d, 5s, 10s, 20s and 40s notes.