Search results
The second note depicted in the collection is a ten pound bill issued by the Colony of New York on 16 February 1771 with manuscript signatures of Theophylact Bache, Walter Franklin and A. Lott in addition to a unique serial number.
10s Colonial currency from the Colony of New York. First issue (May 31, 1709) from New York. The pound was the currency of the province and state of New York until 1793. Initially, sterling coin circulated along with foreign currencies. This was supplemented by local paper money from 1709.
Apr 14, 2021 · While New York, as in other colonies, denominated their bills in both Sterling and Spanish Milled Dollars, they were one of the last to issue bills in Sterling with an issue of £200,000 in 1788 in denominations from 5s to £10 printed in red and black.
When you stop to consider that, in 1775, the average wage for general labor in construction, farming operators, etc. was approximately 10-cents a day, you can see how much this three pound note was worth. Adjusted for inflation and exchange rates, three pounds in 1774 was worth $94.00 in 2011.
Colonial Currency - Description. During the United States' colonial era, paper currency was known as a Colonial Note or Continental Currency. It was valued in British pounds, shillings, or pence. Early notes were written and issued by hand, but the Bills of Credit had no standard of value.
Oct 2, 2020 · The Currency Act of 1764 was the second and most impactful of two laws passed by the British government during the reign of King George III that attempted to take total control of the monetary systems of all 13 colonies of British America.
People also ask
What is a ten pound bill from the colony of New York?
What currency was used in the Colony of New York?
How much money did New York City issue in 1775?
What was the currency of a colony?
What currency was used during the colonial era?
What was a 'lawful money' bill in 1709?
Nov 30, 2022 · Colonial Currency Issues by Colony. Colonial New York 10 pounds Feb 16, 1771. Courtesy of Heritage Auctions, www.ha.com. The following table lists the First & Last Year of Issue, Number of Issues and Number of Types (denominations) for each of the 13 original colonies plus Vermont.
