1780 Massachusetts Currency COLONIAL NOTE $8 Eight Dollar ~ PCGS AU55 AU 55

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1780 Maryland Eight Dollars ~~~ May 5, 1780 PCGS About Uncirculated-55 Greetings, I am offering for sale this Massachusetts Currency Colonial Note dated May 5, 1780. A choice AU note with no issues or flaws other than having a diamond shaped cancelleation. A well printed note that should aim to please. Graded AU-55 by PCGS. The note imaged here is the one you will receive. We pride ourselves for having amongst the lowest prices of certified/graded Colonial Currency on eBay! Please see my other offerings. COLONIAL CURRENCY Early American currency went through several stages of development in the colonial and post-Revolutionary history of the United States. Because few coins were minted in the 13 colonies that later became the United States in 1776, foreign coins like the Spanish dollar were widely circulated. Colonial governments sometimes issued paper money to facilitate economic activity. During the American Revolution , the colonies became independent states; freed from British monetary regulations, they issued paper money to pay for military expenses. The Continental Congress also issued paper money during the Revolution, known as Continental currency , to fund the war effort. Both state and Continental currency depreciated rapidly, becoming practically worthless by the end of the war. To address these and other problems, read more

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