Colonial American Fiscal Paper -State of the Massachusetts Bay - (Act of May 2, 1777) 6% Treasury Loan Certificate due June 1, 1780 Anderson-Smythe MA-7 Certificate. This bond is from the complex \"Sword in Hand\" emblem series featuring additional authorizations and redemption due dates. These have a very iconic Massachusetts engraved style. The series was discussed in detail in the Newman Internet Part 3 catalog of the sale held May 3, 2017. Printed from a Nathaniel Hurd plate on laid paper. 20.0 cm by 19.0 cm. At upper left, a rattlesnake frames a standing patriot holding a sword and the INDE / PEND / ENCE scroll; the Latin motto circling around is ENSE PETIT PLACIDAM SUB LIBERTATE QUIETAM (By the sword we seek peace, but peace only under liberty, the Commonwealth of Massachusetts motto). Intricate floral bordering is on three sides, and the top has a double-line frame. The left end is indented, as issued. Mixed-font obligations are across with spaces for the date, serial number, denomination, issuee, and signatures. The obligation specifies authority granted under George II for the bonds (the same as in the obligation of Revere-engraved MA-1 \"King Philip\" bonds). \"Treas'r\" is written. An embossed stamp is on the text portion. No. 240 (serial numbers 1-500, per Anderson). Issued for 31 Pounds, June 1, 1777. Signed by committee members and Henry Gardner (pen-cancelled). Fine or better. There are very petty juncture holes and small splits, which are patched with old paper strips. Printed from a well-inked, early state plate, and exemplifying this Nathanial Hurd \"Sword in Hand\" bond well. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 29056, realized $552. Image and description courtesy of Heritage Auctions, https://ha.com.
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