COLONIAL CURRENCY 14 Note Collection NICE!! Start Price USD 7.99 Current Price USD 7.99 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Thursday, September 18, 2008 End Time Tuesday, November 25, 2008 Location Pescadero, California See more about 'COLONIAL CURRENCY 14 Note Collection NICE!!' Description COLONIAL & REVOLUTIONARY CURRENCY!   Be sure to check our United States Constitution and Declaration of Independence also!! Thanks for visitingVisit my other Auctions for more great U.S., Western, Texas and fun Memorabilia. HISTORY OF COLONIAL & REVOLUTIONARY CURRENCY The first settlers in Colonial America used wampum beads, beaver skins, and tobacco as means of exchange. The shortage of "hard money" (coins) severely hindered the conduct of business. Few British coins reached the colonies, but shipmasters did bring in foreign money The most common coin in circulation was the Spanish milled dollar; its value varied from colony to colony. To overcome this handicap to business, the colonies began to issue paper currency. Many of the Colonial notes were issued in terms of shillings, because even though most transactions were in Spanish dollars, the official account of exchange was British units - pounds, shillings, and pence. Odd denominations of the currency were often printed because of the lack of small change. To lower costs, many bills were not printed on the reverse side. Each bill was usually numbered and signed individually by hand to discourage counterfeiting. The Revolutionary War brought new money difficulties. The Continental Congress, powerless to impose taxes, was forced to print massive amounts of currency to finance the war. This flood of paper money caused the Continental currency to rapidly depreciate; by 1781, the paper was exchangeable for coin at a ratio of 225 to 1! ($225 in paper for a $1 coin).You'll be glad you bought this set and at a price one can afford! Relive the Colonial & Revolutionary Days now with these great documents. Great for the kids or for the Big kid in all of us. Buy more than one and give them as presents. Impress your family and friends with theses great replica of the Colonial Monies! Add that special touch to your home or office with this great conversation piece. Reproduced on parchment and is very real looking as well as to the touch. Let the kids use it in school projects, give it as a gift to your History buff friends. You are bidding on14 reproductions Colonial Bank Bills. . These bills are printed on high quality parchment and would make a great conversation piece or gift to a friend. Check our feedback and bid with confidence! Hope you're bidding!! God Bless!!! 14 Great Pieces of History New Mint!14 Great Additions To Any Collection!18 Pence - New Jersey – 17763 Dollars - Rhode Island & Providence 1780250 Dollars - Virginia 178110 Shillings - Connecticut 17808 Dollars - Maryland - 177410 Dollars – New York - 17765 Shillings - Delaware - 17764 Dollars - Georgia - 17775 Shillings - South Carolina - 177815 Shillings - Pennsylvania - 177320 Dollars - U. S. Continental 17784 Dollars - North Carolina 17788 Dollars - Massachusetts-Bay 17807 Dollars - New Hampshire 1780 Place a Bid!