1786 Dated Treasurer's Office Note signed by Thomas Ivers, Treasurer of Massachu For Sale

Boston, Massachusetts. Thomas Ivers was Treasurer and Receiver-General of Massachusetts from 1783 to 1787. The Treasurer and Receiver-General of Massachusetts (commonly called the "treasurer") is an executive officer, elected statewide every four years. The Treasurer oversees the Office of Abandoned Property, escheated accounts, the State Retirement Board, the Office of Cash Management, the Office of Debt Management, the lottery, the state Alcoholic Beverages Control Commission, the Pension Reserves Investment Management Board, the Water Pollution Abatement Trust, the office of Financial Education Programs, The Office of Economic Empowerment, and the office of Deferred Compensation. The Office of the Treasurer and Receiver-General additionally performs the role of Chairman over the independent public authority known as the Massachusetts School Building Authority. There were three general types of money in the Colonies of British America: the specie (coins), printed paper money and trade-based commodity money. Commodity money was used when cash (coins and paper money) were scarce. Commodities such as tobacco, beaver skins, and wampum, served as money at various times in many locations. Cash in the Colonies was denominated in pounds, shillings, and pence. The value of each denomination varied from Colony to Colony; a Massachusetts pound, for example, was not equivalent to a Pennsylvania pound. All colonial pounds were of less value than the British Item ordered may not be exact piece shown. All original and authentic.