Early Paper Money of America / Massachusetts / 1733 November 30 Merchants' Notes

Early Paper Money of America (NNP Edition)|£110,000 in Merchants’ Notes issued by a private partnership of 102 participants in order to prevent an issue of Rhode Island bills of credit from flooding Massachusetts Bay. Repayable in silver at 19s per ounce, 30% by Dec. 30, 1736, 30% by Dec. 30, 1739, and 40% by Dec. 30, 1743. These promissory notes were payable to the order of Richard Clarke and endorsed by him on the back. The face and back were engraved on copper and contain the motto JUSTITIAE ERGO (For the sake of justice) and a hand holding balancing scales. Signers were James Bowdoin, Edward Bromfield, Jr., William Foye, Hugh Hall, Edward Hutchinson, John Osborne, Samuel Sewall, Samuel Welles, Jacob Wendell, and Joshua Winslow.

1s6d (1 dwt., 13 ¾ gr.)
2s6d (2 dwt., 15 ¼ gr.)
6s (6 dwt., 7 ½ gr.)
10s (10 dwt., 12 ½ gr.)
20s (1 oz., 1 dwt., 1 ¼ gr.)
£3 (3 oz., 3 dwt., 3 ¾ gr.)
£6 (6 oz., 6 dwt., 7 ½ gr.)
£10 (10 oz., 10 dwt., 12 ½ gr.)