North Carolina paper currency, Debenture Bill value two pounds

North Carolina paper currency, Debenture Bill value two pounds

Paper money--North Carolina--Specimens

Money--North Carolina--Specimens

Engraved two pound Debenture Bill issued by North Carolina. Printed from engraved copper plate with C-scroll border on left edge and circular vignette in lower left corner of bird with olive branch “PAX REDDITA (Peace restored) MAY 1771.” Inscribed: “2£. Two Pounds-- No 1198/ The Province of North carolina/is indebted to the Possessor hereof/ Two Pounds Proc. Money to be paid/ out of the Public Treasury according/ to Act of Assembly passed Decbr 1771.” Ink signatures on obverse: “John Harvey” “J Rutherfurd.”/ “Lewis De Rosset” “Rd Caswell.” Inscribed in ink on the reverse: “James White/ to/ MC” “Montfort” and “H.G. to P.R.”
Bill folded vertically and horizontally into quarters.
Plant: Animal: Bird with Olive branch
Bill was issued in a series of 5,000. A total of £60,000 in Debenture Bills was issued pursuant to the December 1771 Act of the Assembly. Counterfeit copies of this bill are known. Joseph Montfort was the Treasurer of the Northern District of North Carolina.

James Davis

Tryon Palace

Davis, James

1771

Richards, Nancy

Knight, Dean

Permission to use the photograph must be obtained in writing from Tryon Palace Historic Sites & Gardens, New Bern, North Carolina. It must be accompanied by the caption” From the collection of Tryon Palace Historic Sites & Gardens, New Bern, North Carolina; North Carolina Department of Cultural Resources, Division of Archives and History.”

This is part of 54-piece gift of North Carolina paper currency issued between 1748 and 1771 from the same anonymous donor.

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English

Money

TP.2000.017.051

North Carolina, New Bern

Money

OH: 27/8” (7.4 cm); OW: 4 5/16” (11.0 cm)