Red-and-black version of the Pennsylvania 12 shilling note of the April 10, 1777 emission. The first Pennsylvania issue after the Declaration of Independence, now calling Pennsylvania a "Common-Wealth," which it still is to this day, and featuring the brand-new commonwealth coat of arms. The signers appear to be William Kenly and John Young, Jr. The red-and-black notes of this issue are twice the value of the plain black notes, or more, but, obviously, the condition is pretty bad here.
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