State of Maryland June 28, 1780 $8 Fr. MD-121. PCGS Very Choice New 64PPQ. The Guaranteed by the United States notes were issued by eight of the original thirteen colonies. The 1780 Continental Congress resolution authorized the states to redeem the Continental Currency and created these special, Federally backed notes. Within the Colonial Currency series, they can be accurately removed as a subset as they are directly tied to the continental currency conversion and redemption; therefore, it is essential to collect them with the Continentals and Colonial notes. Printed by Hall & Sellers, they share a hybrid appearance and have color emblems on the back as used on the 1779 Continental notes. This is a very sharp-looking Guaranteed by the United States note from Maryland, fully issued and countersigned. A bold red back vignette shows the emblem originally used on the January 14, 1779 Continental Currency resolution notes. A gorgeous example with face-to-back registration nearly perfect; well centered, and boasting strong color. This is a perfect type note from the series. Ex: Eric P. Newman Numismatic Education Society\n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28042, realized $1320. Image and description courtesy of Heritage Auctions, https://ha.com.
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