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250 Dollars - State of Virginia Replica
| Issuer | State of Virginia |
|---|---|
| Year | 1781 |
| Type | Replica banknote |
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| Obverse description | Typeset letterpress note with ornamental border of repeated floral and asterisk units enclosing the denomination legend and redemption text in period script. Handwritten serial number and three manuscript signatures appear across the central field. The lower border carries the VIRGINIA CURRENCY legend in decorative gothic lettering, with denomination stated vertically in both dollars and pounds sterling along the left margin. |
|---|---|
| Obverse lettering | Two HUNDRED & FIFTY DOLs. (£.75.) No. 1165 This Bill of Two HUNDRED AND FIFTY DOLLARS shall be exchanged and redeemed in Spanish Milled Dollars, or the Value thereof in Gold or Silver, at the rate One for Forty, at the Trea- sury of VIRGINIA, on or before the 30th Day of December, 1792, according to an ACT of ASSEMBLY passed the 1st Day of March, 1781. (signatures) VIRGINIA CURRENCY COPY TWO HUNDRED AND FIFTY DOLLARS SEVENTY FIVE POUNDS. |
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| Comments |
Virginia's 1781 emission came at the worst possible moment — the state's credit had collapsed, Continental currency was essentially worthless, and British forces under Cornwallis were actively campaigning through the interior. The legislature authorized these large-denomination notes in a desperate attempt to fund militia operations and supply chains, but public confidence in any paper issue was near zero by that point.
This is a replica. The originals were printed by John Dunlap and David Claypoole in Philadelphia, the same printers responsible for early congressional documents.