North Carolina paper currency, Bill of Credit value two hundred and fifty dollars

North Carolina paper currency, Bill of Credit value two hundred and fifty dollars

Paper money--North Carolina--Specimens

Typeset two-hundred and fifty-dollar Bill of Credit issued by North Carolina with borders all around; border on top printed “NORTH CAROLINA CURRENCY”, on left side “Death to Counterfeit”, on right side” 250 DOLLARS.” Printed Text: “ Two Hundred and Fifty/ DOLLARS. No 10161/ STATE OF NORTH CAROLINA./ THIS Bill intitles [sic] the Bearer to receive two/ hundred & fifty Spanish milled Dollars, or the/ Value thereof in Gold or Silver, agreeable to an/ Act of Assembly passed at NEWBERN the 10 th/ Day of May, 1780.” Motto in lower left corner: “Querenda Pecunia/ primum est.” (Money has to be sought first). Ink signature: “Joseph Leech”. Reverse: “CCL Dollars/ Printed by JAMES DAVIS/ 1780.”
Motto: Quaerenda Pecunia primum est.

£1,240,000 ($3,100,000) in legal tender Bills of Credit authorized by the May 10, 1780 Act giving the Governor the right to issue more bill. The Governor apparently added to the issue of $25, $100 and $500 bill and created new denominations of $200, $400 and $600. Bills were printed on both sides. This denomination was issued in two series of 1,000 each. Signers included: John Ashe, Waightsill Avery, Jonathan Cooke, J.W. Caron, James Coor, David Cox, Jr., M. Frank, James Green, Jr., Is. Guion, Joseph Leech, and H. Vipon. Bill laminated in rice paper prior to donation.

James Davis

Tryon Palace

Cox, Paul M.

Davis, James

1780

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.”

EN

Currency

TP.1986.037.002

North Carolina, New Bern

Money

OH: 2 9/16” (6.5 cm); OW: 3 ¼” (8.3 cm)