Previous Lot Next Lot

Auction: 26776 - America 250th Anniversary Sale Ft. Coins, Medals, Banknotes, Objets de Vertu & Ephemera
Lot: 154

USA, Jersey Colonial Currency, Three Shillings, 25th March 1776, serial number 29715, (Fr. NJ-181), good fine, pressed

Provenance

~ Creighton Family Archive ~
Sold by direct family descent



The Province of New Jersey was also an early issuer, its first bills appearing in 1709 and as in many other cases the purpose was to raise funds for military actions. Bills issued between 1711 and 1733 were denominated in shillings and pence but redeemable in silver at a fixed rate, for example a bill for 1s 6d was to pass for four penny-weight and nine grains of silver. Calculations for everyday commerce using such bills must have been very time-consuming!


New Jersey had been one of the first colonies to experiment with bi-coloured bills as seen with the 1733 issue which combined red and black ink to print the promissory text – a tricky undertaking to get the registration right. All New Jersey bills prominently displayed the Royal Arms, right up to the last series issued in March 1776 even though the Revolutionary War had already started at that point. These bills continued to circulate until they were replaced in 1780 by New Jersey’s final issues which used the State Seal instead. Text by Jonathan Callaway.

Subject to 20% VAT on Buyer’s Premium. For more information please view Terms and Conditions for Buyers.

Estimate
$120 to $240

Starting price
$80