Early Paper Money of America / Connecticut / 1755 March 13

Early Paper Money of America (NNP Edition)|

£12,500 ($41,666) in Treasury Notes dated March 13, 1755 and due on May 8, 1759 with 5% interest, similar to the prior issue. Old Tenor bills remaining in circulation were redeemable at 71/3 for 1 in Treasury Notes and interest bearing orders. New Tenor bills in circulation were redeemable at 2 for 1. This exchange was based upon coined silver at 58s8d Old Tenor per ounce or coined gold at £42 Old Tenor per ounce. Compliance with 1751 Act of Parliament was required. Signers were Joseph Buckingham, John Chester, William Pitkin, and George Wyllys, with three signers on each bill.

9d
1s
2s6d
5s
10s
20s
30s
40s