North Carolina paper currency, Bill of Credit value ten dollars

North Carolina paper currency, Bill of Credit value ten dollars

Paper money--North Carolina--Specimens

Typeset ten-dollar Bill of Credit issued by North Carolina with borders all around; border on top printed “NORTH CAROLINA CURRENCY ”, on left : “TEN DOLLARS”, on right: “DEATH TO COUNTERFEIT.” Printed text: “TEN DOLLARS/ No [illegible]/ STATE of NORTH CAROLINA./ THIS Bill intitles [sic] the Bearer to receive/ TEN Spanish milled DOLLARS, or the/ Value thereof in Gold & Silver, agree-/ able to an Act of Assembly passed at Hillsborough/ the eighth Day of August 1778.” Motto in lower left corner: “Persecution the Ruin /of Empires.” Signed in ink: [illegible] and “William[s].” Printed on reverse: TEN DOLLARS/ Printed by J Davis,/ 1778.”
Motto: Persecution the Ruin of Empires.

£850,000 ($2,125,000) in legal tender Bills of Credit was authorized by the August 8, 1778 Act. Bills were printed on both sides. This denomination was issued in a series of 16,666. Counterfeit copies of this bill are known. Signers included: Joseph Armitage, J. Burk, M. Caswell, Richard Caswell, S.Caswell, Jesse Cobb, Richard Cogdell, James Coor, David Cox, Jr., Oroondates Davis, Benjamin Exum, James Green, Thomas Harvey, Benjamin Hawkins, Joseph Jones, James Kenan, James Kerr, John Lillington, C. Markland, H. Machilwien, Thomas Satterwhite, William Sharp, R. White,and James Williams.

James Davis

Tryon Palace

Davis, James

1778

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 Archive and History.”

jpg

English

Money

TP.1987.034.004

North Carolina, New Bern

Money

OH: 2 ½” (6.2 cm); OW: 3” (7.7 cm)