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1773 Continental Currency - 248 Year Old - 15 Shillings - Colonial Currency - Rare

Currency:CAD Category:Coins & Paper Money / Paper Money - Confederate Notes Start Price:75.00 CAD
1773 Continental Currency - 248 Year Old - 15 Shillings - Colonial Currency - Rare
Upon successful bidding, you will be sent the invoice, your payment charged on your credit card, and the actual address in Ladner/Delta to pick up your items.

Scheduled pick up will be from 9:00 am - 5:00 pm unless evening pick up is pre-arranged.
This Continental Currency is for 15 Shillings in Colonial Currency from 1773, and was issued October 5, 1773 in Pennsylvania.(#5520) This 248 year old 15 Shillings currency is in fantastic shape.

During the American Revolution, the Colonies became independent states. No longer subject to arbitrarily imposed monetary regulations by the British Parliament, the States began to issue paper money, to pay for military expenses.
The Continental Congress also issued paper money during the Revolution known as 'Continental currency' in order to fund the war effort.

Another Currency Act, in 1764, extended the restrictions to the colonies south of New England. Unlike the earlier act, this act did not prohibit the colonies in question from issuing paper money but it forbade them to designate their currency as legal tender for public or private debts. That prohibition created tension between the colonies and the mother country and has sometimes been seen as a contributing factor in the coming of the American Revolution.

After much lobbying, Parliament amended the act in 1773, permitting the colonies to issue paper currency as legal tender for public debts. Shortly thereafter, some colonies once again began issuing paper money. When the American Revolutionary War began in 1775, all of the rebel colonies, soon to be independent states, issued paper money to pay for military expenses. This is that currency, hard to find; exquisitely rare.