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16 Shillings Colony of Pennsylvania

Issuer Colony of Pennsylvania
Year 1773
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Shape Rectangular
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Obverse lettering SIXTEEN SHILLINGS SIXTEEN Shillings According to an Act of General Aſſembly of Penn-ſylvania, paſſed in the 13th Year of the Reign of his majeſty GEORGE the Third. Dated the 20th Day of March, Anno Dom. 1773. B Sixteen Shillings
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Reverse lettering SIXTEEN SHILLINGS To Counterfeit is DEATH. Printed by HALL and SELLERS. 1773.
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Pennsylvania's 1773 emission was authorized by a provincial assembly that had been fighting the British Board of Trade for decades over the right to issue paper currency — a fight the Currency Act of 1764 had largely settled against the colonies. The 16 shilling denomination is an odd one, chosen to facilitate specific exchange transactions rather than round-sum accounting, a practical colonial habit that strikes modern collectors as arbitrary.

Hall and Sellers printed the series at their Philadelphia shop using the nature-printed leaf borders developed by Benjamin Franklin — a counterfeit deterrent Franklin had pioneered decades earlier and sold to the firm.

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