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April 10th, 1777 PA-222a Twenty Shillings Philadelphia COLONIAL CURRENCY Grades xf

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:200.00 - 400.00 USD
April 10th, 1777 PA-222a Twenty Shillings Philadelphia COLONIAL CURRENCY Grades xf
April 10th, 1777 PA-222a Twenty Shillings Philadelphia COLONIAL CURRENCY Grades xf. An emission of £200,000 in bills of credit according to the act of March 20, 1777 for supporting the army. This is the first issue to carry the arms of the Commonwealth of Philadelphia This is the first issue to carry the arms of the Commonwealth of Philadelphia . Numbering and first signature in red ink; second signature in black ink. Arms of the Commonwealth of Philadelphia on the front with a ship, plow and bundles of wheat surrounded with the motto "AGRI CULT.[URE] COM MERC [E]." The watermark reads: PHILA / DELPHIA " in two lines and is oriented vertically from the front, top to bottom. A farm scene is on the back. . The 3d-9d notes are smaller in size and have plates A-C with each plate having different front border cuts and one signature. Notes of 1s and higher denominations are wider than previous issues and come with a cast cut of a farm scene on the back. These bills were all printed in black ink. A subseries of this emission containing notes of 1s and above were also printed in black and red and are usually listed as a separate grouping. rinted by John Dunlap in Philadelphia on paper watermarked "PHILA/ DELPHIA" The bills were numbered in red with one signature on 3d through 3s notes and two signatures on 4s notes and above, one of which is in red. By an act of March 3, 1778 all previous issues were to be exchanged for this issue. These bills became invalid after January 1, 1791. Denominations issued were: 3d, 4d, 6d, 9d, 1s, 1s6d, 2s, 3s, 4s, 6s, 8s, 12s, 16s, 20s, 40s and £4.