Currencies of the Thirteen Colonies

E443125

colonial currency historical monetary system

Currencies of the Thirteen Colonies were the diverse forms of money—often locally issued pounds, shillings, pence, and paper notes—used in Britain’s North American colonies before the adoption of the U.S. dollar.

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Statements (49)

Predicate	Object
instanceOf	colonial currency ⓘ historical monetary system ⓘ
affectedBy	Currency Act of 1751 NERFINISHED ⓘ Currency Act of 1764 NERFINISHED ⓘ
characterizedBy	frequent depreciation of paper notes ⓘ lack of uniform standard across colonies ⓘ local issuance by colonial governments ⓘ shortage of specie ⓘ
denominatedIn	pence ⓘ pounds ⓘ shillings ⓘ
hadGoal	facilitating trade in the absence of sufficient British coin ⓘ
hadProblem	counterfeiting ⓘ discounts on paper relative to specie ⓘ multiple exchange rates with British sterling ⓘ
historicalContext	pre-Revolutionary American economy ⓘ
included	Dutch coins ⓘ French coins ⓘ Portuguese gold coins ⓘ Spanish dollar NERFINISHED ⓘ bills of credit ⓘ colonial paper money ⓘ foreign coins ⓘ specie ⓘ
includedCurrencyOf	Colony of Rhode Island and Providence Plantations NERFINISHED ⓘ Connecticut Colony NERFINISHED ⓘ Delaware Colony NERFINISHED ⓘ Massachusetts Bay Colony NERFINISHED ⓘ Province of Georgia NERFINISHED ⓘ Province of Maryland NERFINISHED ⓘ Province of New Hampshire NERFINISHED ⓘ Province of New Jersey NERFINISHED ⓘ Province of New York NERFINISHED ⓘ Province of North Carolina NERFINISHED ⓘ Province of Pennsylvania NERFINISHED ⓘ Province of South Carolina NERFINISHED ⓘ Virginia Colony NERFINISHED ⓘ
regulatedBy	British Parliament NERFINISHED ⓘ
replacedBy	Continental currency NERFINISHED ⓘ United States dollar NERFINISHED ⓘ
usedBefore	United States dollar NERFINISHED ⓘ
usedDuring	17th century ⓘ 18th century ⓘ colonial period of British North America ⓘ
usedFor	everyday commerce ⓘ payment of taxes ⓘ settlement of debts ⓘ
usedIn	Thirteen Colonies NERFINISHED ⓘ
variedBy	colony ⓘ

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Massachusetts pound → category → Currencies of the Thirteen Colonies ⓘ