The pound (later dollar) was the currency of Maryland from 1733 until its gradual replacement with the Continental currency and later the United States dollar between the American Revolution and the early 1800s.[1][2] Initially, sterling coin circulated along with foreign coins. From 1733, this was supplemented by paper money, known as "Proclamation Money", denominated in £sd, but worth less than sterling, with 1 Maryland shilling (12 pence) = 9 pence sterling. A second "New" issue of notes was introduced in 1751, replacing the earlier notes at a rate of 1 New shilling = 1¼ Proclamation shillings.
Maryland four dollar banknote from 1774
The first issues of Continental currency in Maryland were denominated in £sd and Spanish dollars at a rate of 1 dollar = 4 shillings 6 pence. In 1780 two types of continental currency were issued, one valuing the Spanish dollar at 4 shillings 6 pence (printed in red ink and known as "Red Money"), the other (printed in black ink and known as "Black Money") valuing the Spanish dollar at 7 shillings 6 pence.
Referencesedit
^"Money in the American Colonies". eh.net. Retrieved June 7, 2020.
^"Maryland State Archives - Guide to Government Records". guide.msa.maryland.gov. Retrieved June 7, 2020.
maryland, pound, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, june, 2020. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Maryland pound news newspapers books scholar JSTOR June 2020 Learn how and when to remove this template message The pound later dollar was the currency of Maryland from 1733 until its gradual replacement with the Continental currency and later the United States dollar between the American Revolution and the early 1800s 1 2 Initially sterling coin circulated along with foreign coins From 1733 this was supplemented by paper money known as Proclamation Money denominated in sd but worth less than sterling with 1 Maryland shilling 12 pence 9 pence sterling A second New issue of notes was introduced in 1751 replacing the earlier notes at a rate of 1 New shilling 1 Proclamation shillings Maryland four dollar banknote from 1774The first issues of Continental currency in Maryland were denominated in sd and Spanish dollars at a rate of 1 dollar 4 shillings 6 pence In 1780 two types of continental currency were issued one valuing the Spanish dollar at 4 shillings 6 pence printed in red ink and known as Red Money the other printed in black ink and known as Black Money valuing the Spanish dollar at 7 shillings 6 pence References edit Money in the American Colonies eh net Retrieved June 7 2020 Maryland State Archives Guide to Government Records guide msa maryland gov Retrieved June 7 2020 nbsp Money portal nbsp This article about a unit of currency is a stub You can help Wikipedia by expanding it vte nbsp This Maryland related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Maryland pound amp oldid 1137873781, wikipedia, wiki, book, books, library,
