Early Paper Money of America / New York / 1717 November 28

Early Paper Money of America (NNP Edition)|16,607 (41,517 1/2 ounces of Silver Plate equal to “Sevil, Pillar or Mexico” plate) in indented Bills of Credit approved Dec. 23, 1717 and known as “Second Long Bills” from their maturity in 1740. Sevil (Seville Mint or Spanish), Pillar (Peruvian), and Mexico Plate refer to coined silver acceptable on an equal weight basis. Arms of the City of New York were inserted within the text and reading SIGILL. CIVITAT NOV. EBORAC (Seal of the City of New York). Otherwise the issue is similar to the previous issues with the spelling of Fond retained. This issue was extended to November 1, 1757 by Act of October 25, 1739. Printed by William Bradford. Signers were John Cruger, Johannes Jansen, David Provoost, and Robert Walter. In the example illustrated a fictitious denomination of £6 is created from a 6s bill by altering the word Shillings to Pounds and by altering the word Pennyweights to Ounces.

5 dwt. (2s) [5,630]
10 dwt. (4s) [4,000]
15 dwt. (6s) [3,000]
1 oz. (8s) [2,200]
1 oz., 5 dwt. (10s) [1,000]
1 oz., 10 dwt. (12s) [1,000]
2 oz. (16s) [1,000]
2 oz., 10 dwt. (20s) [1,000]
5 oz. (40s) [1,0001
7 oz., 10 dwt. (£3) [1,000]
10 oz. (£4) [1,391]