Early Paper Money of America / Pennsylvania / 1723 April 2
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Last Updated: 2022-05-19
Early Paper Money of America (NNP Edition)|£15,000 in indented legal tender Loan Office Bills approved by the Act of Mar. 23, 1723 and dated April 2, 1723. They were redeemable by April 2, 1731 and were to be invalid after Aug. 2, 1731. Of this total £11,000 was to be loaned on security of land, houses, or silver plate at 5% interest with principal repayable in eight equal annual installments. Cast cuts including Arms of the Penn family, otherwise typeset. Blank backs. Signers were Anthony Morris, Francis Rawle, Charles Read, and Benjamin Vining. British-made counterfeits caused a recall of counterfeited denominations.
1s [8,000] ▷CF◁
2s [6,000]
2s6d [4,000]
5s [6,000] ▷CF◁
10s [6,000]
15s [4,000]
20s [6,000]
Works (1)
| Title | Date Added | Visibility | |
|---|---|---|---|
| 2022-05-05 | Public |