Auction Closing: July 24, 2021 at 11:59 PM Pacific Time
Lot Number: 36
Estimate Range: $3,500 - $4,000
May 25, 1775 Paul Revere, Jr. Engraved Copper-Plate Long Note Due Date of May 25, 1776 PCGS graded Very Fine-30

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Colony of Massachusetts Bay. Colonial Currency May 25, 1775. Ten Shillings. Paul Revere Uniface Copper-Plate Engraved Long Note. “(Am)erican Paper”. 6% Annual Interest Paid. Due Date May 25, 1776, PCGS graded Very Fine-30.

Fr. MA-142. This notes design type is listed and illustrated in the 1954 reference “The Engravings of Paul Revere” by Clarence Brigham, published by the American Antiquarian Association. This historic note was engraved and produced on an “Emergency” basis, as commissioned by the Colony of Massachusetts-Bay to Patriot Silversmith Paul Revere, Jr. This important issue dates merely one month after the outbreak of the American Revolutionary War at the Battle of Lexington and Concord on the morning of April 19th, 1775. Only 4,333 notes were authorized printed, and ordered that all issued notes be returned back into the Massachusetts Treasury just one year later, by May 25, 1776. These rectangular “Long” bills also carried a 6% Annual Interest rate of return. Many surviving notes have small half inch hole-punch cancels, thankfully not present in this current example. This uniface note has four full margins, nice centering and its face appears extremely clean with some light soiling and spots on its blank reverse. The PCGS VF-30 holder states; apparent split restored. At the left side vignette printed margin designed for cutting with an indent. It displays part of the Patriotic Political legend text which was engraved by Paul Revere reads: “(Am)erican Paper”. A choice note, its serial number written in deep brown with signatures of Abraham Fuller and Henry Gardner “Receivr Generl.” (Treasurer), short cross cancels on Gardner’s signature. A historic patriotic Paul Revere engraved Copper-Plate Long note supporting the American Revolutionary cause at the very outbreak of the War.