Thursday, April 21, 2016

Wikipedia picture of the day for April 22

Massachusetts pound

A banknote for two Massachusetts shillings, or 1/10 of a Massachusetts pound, dated 1 May 1741. Massachusetts was the first of the Thirteen Colonies to have its own currency, authorizing the issuance of paper money in 1690; South Carolina would follow with its own pound in 1703. The pound saw heavy inflation and, in 1749, Massachusetts withdrew its paper money from circulation and returned to specie.

Banknote: Province of Massachusetts Bay; image courtesy of the National Numismatic Collection at the Smithsonian Institution



from Wikipedia picture of the day feed http://ift.tt/1Sz5u2R

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