Maryland pound

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The Maryland pound (later Maryland dollar) was the currency of Maryland from 1733 until its gradual replacement with the Continental currency and later the United States dollar between the American Revolution and the early 1800s. [1] [2] Initially, the coins of the Pound sterling circulated along with foreign coins. From 1733, this was supplemented by paper money, known as "Proclamation Money", denominated in pounds, shillings and pence, but worth less than sterling, with 1 Maryland shilling (12 pence) = 9 pence sterling. A second "New" issue of notes was introduced in 1751, replacing the earlier notes at a rate of 1 New shilling = 1¼ Proclamation shillings.

The first issues of Continental currency in Maryland were denominated in £sd and Spanish dollars at a rate of 1 dollar = 4 shillings 6 pence. In 1780 two types of continental currency were issued, one valuing the Spanish dollar at 4 shillings 6 pence (printed in red ink and known as "Red Money"), the other (printed in black ink and known as "Black Money") valuing the Spanish dollar at 7 shillings 6 pence.

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Connecticut pound

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Massachusetts pound currency of the Commonwealth of Massachusetts and its colonial predecessors until 1793

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New Jersey pound

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New York pound currency of the province and state of New York until 1793

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North Carolina pound currency of North Carolina until 1793; at par with the pound sterling

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Pennsylvania pound currency of Pennsylvania until 1793

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Rhode Island pound currency of Rhode Island until 1793

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South Carolina pound currency of South Carolina until 1793

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Virginia pound currency of Virginia until 1793

The pound was the currency of Virginia until 1793. Initially, the British pound sterling circulated along with foreign currencies, supplemented from 1755 by local paper money. Although these notes were denominated in pounds, shillings and pence, they were worth less than sterling, usually discounted so 1 Virginia shilling was equal to 9 British pence, while 1 British shilling was equal to 12 British pence. In British pounds, shillings and pence (£sd), duodecimal coinage, which was in use in the UK until the adoption of decimal coinage in 1971.

The history of currency in the British colony of Dominica closely follows that of the British Eastern Caribbean territories in general. Even though Queen Anne's proclamation of 1704 brought the gold standard to the West Indies, silver pieces of eight continued to form a major portion of the circulating currency right into the latter half of the nineteenth century.

The history of currency in the British colony of Grenada closely follows that of the British Eastern Caribbean territories in general. Even though Queen Anne's proclamation of 1704 brought the gold standard to the West Indies, silver pieces of eight continued to form a major portion of the circulating currency right into the latter half of the nineteenth century.

The history of currency in the British colony of St. Kitts closely follows that of the British Eastern Caribbean territories in general. Even though Queen Anne's proclamation of 1704 brought the gold standard to the West Indies, silver pieces of eight continued to form a major portion of the circulating currency right into the latter half of the nineteenth century.

The history of currency in the British colony of Saint Lucia closely follows that of the British Eastern Caribbean territories in general. Even though Queen Anne's proclamation of 1704 brought the gold standard to the West Indies, silver pieces of eight continued to form a major portion of the circulating currency right into the latter half of the nineteenth century.

References

  1. "Money in the American Colonies". eh.net. Retrieved 2020-06-07.
  2. "Maryland State Archives - Guide to Government Records". guide.msa.maryland.gov. Retrieved 2020-06-07.