Early Paper Money of America / Georgia / 1778

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Last Updated: 2022-05-19

Early Paper Money of America (NNP Edition)|

£150,000 in Bills of Credit payable out of the proceeds of forfeited Tory estates pursuant to the May 4, 1778 Act when Georgia exchange was 531 for 100 in specie. Printed by W. Lancaster of Savannah in red and black on both face and back from typeset letters and ornaments previously used for other Georgia issues. Greenish blue circular seal keyed to each denomination. The engraved scrip GEORGIA, previously used on the $10 and $20 1776 Maroon Seal issue, was impressed in greenish blue on the $40 denomination. Printed in double sheets with four faces and four backs on each side. Due to erroneous wiping, red ink is occasionally overprinted on black ink. Signers were William Few, Charles Kent, William Maxwill, Thomas Netherclift, William O'Bryen, Nehemiah Wade, and Richard Wylly. There were five signers on each bill.

$20 Rattlesnake. NEMO ME IMPUNE LACESSET (No one will provoke me with impunity). Four border varieties:
(a) Circular ornaments on outer row of left border of face and third ornament left of vertical bar in center of bottom border differs from adjacent ornaments.
(b) Circular ornaments on outer row of left border of face and third ornament left of vertical bar in center of bottom border is the same as adjacent ornaments.
(c) Floral ornaments on outer row of left border of face and 17 ornaments to right of vertical bar in bottom border.
(d) Floral ornaments on outer row of left border of face and 20 ornaments to right of vertical bar in bottom row.

$30 Wild Boar. AUT MORS, AUT VICTORIA LAETA (Either death or victory is pleasing). Two border varieties. Same borders as varieties (a) and (b) of $20.

$40 Dove holding olive branch and hand holding sword. AUT PAX, AUT BELLUM, IN UTROQUE PARATUS (Either peace or war, prepared for both). Two border varieties. Same borders as varieties (c) and (d) of $20.

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