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Name: Maryland Pound Added: 6 października 2021 Rating: 0 Reviews: 0 Questions: 5 Check tutorials, tricks and hints, discounts, promo coupons, user ideas, questions & answers.

 

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The Maryland pound (later Maryland dollar) was the currency of Maryland from 1733 until its gradual replacement with the Continental currency and later the United States dollar between the American Revolution and the early 1800s. Initially, the coins of the Pound sterling circulated along with foreign coins. From 1733, this was supplemented by paper money, known as "Proclamation Money", denominated in pounds, shillings and pence, but worth less than sterling, with 1 Maryland shilling (12 pence) = 9 pence sterling. A second "New" problemof notes was introduced in 1751, replacing the earlier notes at a rate of 1 Freshshilling = 1¼ Proclamation shillings.

The first problemsof Continental currency in Maryland were denominated in £sd and Spanish dollars at a rate of 1 dollar = 4 shillings 6 pence. In 1780 two kind of continental currency were problem, one valuing the Spanish dollar at 4 shillings 6 pence (printed in red ink and known as "Red Money"), the other (printed in black ink and known as "Black Money") valuing the Spanish dollar at 7 shillings 6 pence.



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