Early Paper Money of America / New York / 1714 July 1

Early Paper Money of America (NNP Edition)|£27,680 (69,200 ounces of Silver Plate) in legal tender indented Bills of Credit approved by the Sept. 4, 1714 Act and by the Crown on June 17, 1715. Bills were to circulate until Dec. 31, 1739 and thus acquired the name of “First Long Bills.” Extended until November 1, 1757 by the Act of October 25, 1739. The denomination in both Plate and New York money of account is specifically included in the text. The Arms of the City of New York were again omitted contrary to order. The spelling of Fond is retained. Bills are narrower than prior issues. The stub, which was ordinarily cut off and retained by the Treasurer in the course of indenture, is shown on the accompanying illustration of an unissued unsigned bill. Printed by William Bradford. Signers were John Cruger, Robert Lurting, David Provoost, and Robert Walter. This issue was extensively counterfeited.

7 dwt., 12 gr. (3s) [4,000]
15 dwt. (6s) [2,000] ▷RM◁
1 oz., 10 dwt. (12s) [1,500]
1 oz., 17 dwt., 12 gr. (15s) [1,200] ▷CF◁
3 oz., 2 dwt., 12 gr. (£5s) [1,000]
3 oz., 15 dwt. (£1 10s) [800] ▷CF◁
6 oz., 5 dwt. (£2 10s) [800]
7 oz., 10 dwt. (£3) [1,000] ▷CF◁
12 oz., 10 dwt. (£5) [720]
15 oz. (£6) [700] ▷CF◁
18 oz., 15 dwt. (£7 10s) [5001]
25 oz. (£10) [568]

Part of stub and bill is defectively printed.