Currencies of the Thirteen Colonies

E443125

Currencies of the Thirteen Colonies were the diverse forms of money—often locally issued pounds, shillings, pence, and paper notes—used in Britain’s North American colonies before the adoption of the U.S. dollar.

All labels observed (1)

Label Occurrences
Currencies of the Thirteen Colonies canonical 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf colonial currency
historical monetary system
affectedBy Currency Act of 1751
Currency Act of 1764
characterizedBy frequent depreciation of paper notes
lack of uniform standard across colonies
local issuance by colonial governments
shortage of specie
denominatedIn pence
pounds
shillings
hadGoal facilitating trade in the absence of sufficient British coin
hadProblem counterfeiting
discounts on paper relative to specie
multiple exchange rates with British sterling
historicalContext pre-Revolutionary American economy
included Dutch coins
French coins
Portuguese gold coins
Spanish dollar
bills of credit
colonial paper money
foreign coins
specie
includedCurrencyOf Colony of Rhode Island and Providence Plantations
Connecticut Colony
Delaware Colony
Massachusetts Bay Colony
Province of Georgia
Province of Maryland
Province of New Hampshire
Province of New Jersey
Province of New York
Province of North Carolina
Province of Pennsylvania
Province of South Carolina
Virginia Colony
regulatedBy British Parliament
replacedBy Continental currency
United States dollar
linked to: US dollar
usedBefore United States dollar
linked to: US dollar
usedDuring 17th century
18th century
colonial period of British North America
usedFor everyday commerce
payment of taxes
settlement of debts
usedIn Thirteen Colonies
variedBy colony

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Massachusetts pound category Currencies of the Thirteen Colonies