Rhode Island: September 5, 1776
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    Rhode Island Currency


    September 5, 1776

    An emission of $66,670 (£20,001) in legal tender bills of credit, payable by September 5, 1782. Denominations of $2 and above were printed is smaller quantities and were redeemed by November 1, 1778. Fractional notes were printed in quantities of 4,000 except for $1/16 for which 8,000 were printed. For the $1 there were 2,000 printed and for the higher denominations only 600 bills except the $10 at 667 and the $30 at 700 bills. New border cut and state arms were used on denominations of $1 and above, lower denominations had blank backs. Printed by John Carter in Providence. There were two signers on notes of 4s or below (which had blank backs) with three signers on the higher notes, which had printed backs. Printed by John Carter in Providence. Denominations issued were: $1/16, $1/8, $1/4, $1/2, $1, $2, $3, $4, $5, $6, $7, $8, $10, $20 and $30.


    obv


    $1/8               Serial Number: 3574                  RI 019/05/76

    Signer: John G. Wanton.

    Size: 91 x 70mm (front border design: 90 x 68mm; back blank).

    Comments: Numbering and signature in a faded reddish brown ink. Three border cuts on the front and the state arms. Click here to view the blank back.

    Provenance: Purchased through the Robert H. Gore, Jr. Numismatic Endowment from the EAHA mail bid auction 11/1/97, lot 437.