Early Paper Money of America / Delaware / 1759 June 1

Early Paper Money of America (NNP Edition)|

£27,000 in legal tender Bills of Credit issued pursuant to the May 7, 1759 Act, £20,000 to replace the entire Feb. 28, 1746 issue and to be used by the Loan Office for new loans until June 1, 1773. The £7,000 balance was for public expense and was redeemed in specie pursuant to the Nov. 2, 1762 Act. The English Arms are sideways on the six lowest denominations. The engraved animals cuts are from the Feb. 28, 1746 issue and are moved to the lower part of the back of the four highest denominations. On the upper part of the backs is a new set of nature prints. Backs of the four lowest denominations are blank. Printed by Benjamin Franklin and David Hall. Signers were William Armstrong, John Barns, and David Hall. Plate letters to distinguish the two varieties of 20s bills were not used.

1s         [5,000]
1s6d [8,000]
2s         [5,000]
2s6d [5,000]
5s         Sea serpents [8,000]
10s         Elephant [6,000]
15s         Horse [6,000]
20s         Lion, period over center of Y [7,750]
20s         Lion, period past right side of Y [7,750]

Per Ray Williams (12/2020), the Library Company of Philadelphia has three printing blocks from the Franklin & Hall company used to produce Delaware 1759 and 1760 notes. For the 1759 Delaware 10 shilling note, one of these blocks represents the front top border edge block with the words: “TEN….SHI”.