1805 Massachusetts 1 Dollar - Union Bank

Hi everyone

I just bought this and wanted to get some information on it. (Yes, I bought something that I had no idea what I was buying ) It's a Massachusetts One Dollar note that's dated July 26th, 1805. It says "Union Bank" on it and "President and Directors", with a bunch of signatures. Also says "Cash" below the words "One Dollar". Any info? Any estimated value? Thanks

 

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That is sa-weet Ryan! Love it! Sorry but paper is not my specialty... especially considering I dont really have a specialty LOL.

 

Cool, my home state.

 

My home state as well. notice how neither of us still live there

I have no idea as to value. How much did you pay for it... considerign you bought it, you must have thought it was worth it! That makes it a good buy in my book

1805 too... thats just plain awsome lol

 

Paid only $20, including shipping (sorry if I have made anyone jealous ) So $20 for a 104 year old $1 from Massachusetts? HECK YES!

 

Ya I couldn't wait to leave.

 

Good DEAL!!!

 

I didn't even think about it, I just bought it ignoring everything else As long as it's authentic, I'm buyin'!

So, no one knows what it is? Well, that just makes me happier since it seems scarcer than I thought! I'll take it to the dealer's when I receive, and see if he knows/could find out what it is

 

Can I see better pics of it. Or can you read any sigs?

 

http://www.mass.gov/?pageID=afsubto...gy&L2=Research+State+&+Local+History&sid=Eoaf
Try here. Call mass. librarys tomorrow.

 

I don't think these peeps collect paper money

 

I'll defiantly provide better pics once I receive it

 

But the gov generally does keep track of what paper money they print. You may find a document authorizing the printing of your note. :secret:

 

Born and raised, I'm a 12th generation Baystater. Wouldn't want to live anywhere else. Maybe your distaste for Massachusetts is regional, all I can say is that here in Western Massachusetts most of us are still here in the towns we grew up in with no complaints.

 

You might want to check your math. By my calculation that note is 204 years old.

 

I will be the first to admit that Colonial notes are not my thing, however, I found this interesting and tried to do some digging..LOL

Here is what I found;

"The Massachusetts Bay Colony was the first of the thirteen colonies to issue permanently circulating banknotes in 1690. The reason behind this was because the paper could be more readily printed and circulated than gold coin. Many of these early bills were marked “Tis Death to Counterfeit.” In the early 1700s, each of the thirteen colonies had issued their own banknotes called “colonial script.” 1789 brought about the First Bank of the United States which issued fixed denominations and printed banknotes until 1811 when it closed. "

Perhaps this was a private script of some sort??
Hope you find out...why not ask the person you bought it from it's history, heck, they had it before you right?

RickieB

 

Thank you, I knew it was 204 of course, just my fingers thought otherwise when typing

 

Thanks for this, it's nice to know the history behind these notes! Just think of all the people who could of been holding this!

I will deffiantly be searching for exactly what this is, and if there are any more about, LOL! Either way, to have this in a collection is just fascinating in my opinion I would of payed much more than what I did :thumb: