Maryland Currency
June 8, 1780
An emission of &163;30,000 ($133,333) in legal tender bills of exchange redeemable with 5% interest by May 1, 1786 at the rate of 4s6d sterling per $1. The bills were issued by the Treasurer of the Western Shore and were secured by Bank of England stock and confiscated property. Printed by Frederick Green in Annapolis in black ink with four border cuts on the front and the state arms on the back. Known as "Black Money." Denominations printed were: $1/9, $1/6, $1/3, $1/2, $2/3, $1, $1 1/3, $2, $2 2/3, $4, $6 and $8.
obv
rev
$4 Serial Number: faded, possibly 1202 MD 06/08/80
Signers: Faded
Size: 71 x 88mm (front border design cropped close; back border design: 57 x 81mm)
Comments: Four engraved border cuts on the front as on the 1775 and 1776 issues. The state arms are on the back.
Provenance: EANA mail bid auction 04/26/97 lot 237. Purchased through the Robert H. Gore, Jr. Numismatic Endowment..
