MA-278, State of Massachusetts-Bay Interest Bearing Colonial, May 5, 1780 $1, 9795

# 5296
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State of Massachusetts-Bay Interest Bearing (5%) One Dollar Colonial Note of May 5, 1780, Serial Number 9795.

This is, at a glance, an attractive example of a note with a single fold (AU) that is usually found with punch-out hole cancellations. However, the lower left corner has been completely cut off! It is a razor-fine cut and a mystery as to how this occurred. A note in two pieces is not a good thing, but the appearance of this otherwise fresh note is far superior to those with the big cancellation holes. The history remains intact.

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