Rhode Island Currency
June 29, 1775
An emission of £10,000 in legal tender bills of credit payable within either two or five years from the date of issue with 2.5% interest. All even number notes had the two year period while all odd numbered notes had the five year due date. This was the last Rhode Island emission to offer interest. The front has three border cuts and the seal of the colony of Rhode Island as on the two previous issues (May 3 and June 16, 1775). Notes from 5s and up had typeset reverses while the lower denominations had blank backs. There were two signers per note. Denominations issued were: 6d, 9d, 1s, 2s, 3s, 4s, 5s, 10s, 20s, 30s and 40s.obv
1s Serial Number: 1814 RI 06/29/75
Signers: Metcalfe Bowler, Henry Ward.
Size: 100 x 71mm (front border design: 95 x 68mm).
Comments: Signed and numbered in black ink with the second signature in a light brown ink. State seal appears in left center of front. Our example was split and has been repared with collector tape on the back. Click here to view the blank back.
Provenance: Purchased through the Robert H. Gore, Jr. Numismatic Endowment from S. K. McGowen of Monroe, Louisiana on September 3, 1998.
