Lot 210
1780 (Mar. 6) Wilmington Del. to Philadelphia Pa., datelined folded letter bearing manuscript "200" rating, endorsed "By Post"; repaired paper loss at center, Fine, rated 200 pence in local currency, should have been rated double the 26 dwt 16 gr (80 pence) rate for up to 60 miles, or 160 pence. Estimate 1,000 - 1,500
As a result of inflation, colonial currency was seriously devalued, giving rise to the expression "Not worth a Continental".
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Realized $900 |