Massachusetts pound

E98252

The Massachusetts pound was a colonial-era currency used in Massachusetts before the adoption of the U.S. dollar.

All labels observed (2)

Label Occurrences
Massachusetts dollar 1
Massachusetts pound canonical 1

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf colonial currency
historical currency
category Currencies of the Thirteen Colonies
History of Massachusetts
country British America
currencyOf Massachusetts Bay Colony
Province of Massachusetts Bay
denomination pound
exchangeRateToPoundSterling varied; generally depreciated relative to pound sterling
historicalContext preceded adoption of the United States dollar
used before and during the American colonial period
languageOfInscription English
legalTender yes (within Massachusetts jurisdiction)
medium bills of credit
paper money
silver coin (earlier period)
monetaryAuthority Massachusetts General Court
surface form: General Court of Massachusetts

Massachusetts colonial legislature
surface form: Massachusetts colonial government
monetarySystem pounds, shillings, and pence system
notableFeature issued as colonial bills of credit
one of the earliest paper currencies in British North America
reasonForIssue to address coin shortages in the colony
to finance colonial government expenditures
region New England
replacedBy Continental currency
Massachusetts pound self-linksurface differs
surface form: Massachusetts dollar

US dollar
US dollar
surface form: United States dollar
replaces English pound sterling (locally in the colony)
subjectOf history of colonial American currency
subunit penny
shilling
subunitToUnitRatio 12 pence = 1 shilling
20 shillings = 1 pound
timeInUseEnd late 18th century
timeInUseStart 17th century
typeOf fiat money (in its paper form)
usedAlongside Pound sterling
surface form: British pound sterling

Portuguese gold coins
Spanish dollar
usedBefore Coinage Act of 1792
usedBy Massachusetts colonial government for payments
colonial residents of Massachusetts
usedInTerritory Massachusetts
Massachusetts Bay Colony
Plymouth Colony
Province of Massachusetts Bay

How these facts were elicited

Referenced by (2)

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

Province of Massachusetts Bay currency Massachusetts pound
Massachusetts pound replacedBy Massachusetts pound self-linksurface differs
this entity surface form: Massachusetts dollar