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Because all of the June 15, 1780 issue could not be put into circulation at the legal tender value required by the Continental Congress, a Mar. 27, 1781 Act provided for the unissued balance of $416,875 of the June 15, 1780 authorization to be reprinted in a different form of note and circulated at its current value. The United States guaranty was eliminated and the 5% interest made payable annually. Printed by John Holt in black with a typeset face and an allegorical cut on the back. Some bills bear a printed endorsement in red, “Int. pd. one Year.” Signers were Augustin Lawrence and G. Livingston.

$1  Liberty Cap  Extremely Fine $32,200 Stack’s October, 2006 
$2  Sword  Extremely Fine $40,250 Stack’s October, 2006 
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$5  Rising sun
$7
$8  Justice   Extremely Fine $51,750 Stack’s October, 2006 
$20