Early Paper Money of America / South Carolina / 1786 (City of Charleston)

Early Paper Money of America (NNP Edition)|

£8,650 in Bills of the City of Charleston authorized by the July 12, 1786 and Oct. 20, 1786 City Ordinances to provide small denominations which were lacking in the May 1, 1786 State Loan Office issue. The City deposited £8,650 in Loan Office Bills with the Loan Office to secure the City issue. The city ordinances were repealed on July 21, 1788 when an Ordinance authorized an exchange issue of small bills. Printed by Abernethie. Signers were John Huger, T. Jones, Thomas Ropers, and John Webb. Other denominations are probable.

2d Fine $3,450 Stack’s May, 2005
5s3d ABERNETIHE misspelled   Very Fine $3,737 Stack’s May, 2005
10s