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Early Paper Money of America / Rhode Island / 1710 August 16

£13,300 (£5,000, £1,000, £1,000, £6,000 and £300) in legal tender indented Bills of Credit authorized respectively by the Acts of May 3, 1710, Oct. 25, 1710, Nov. 27, 1710, June 28, 1711 and Nov. 14, 1711 for the Annapolis Royal Expedition expense. The notes were receivable for taxes and redeemable by the Colony after 5 years. Engraved on two faceplates. Because of counterfeit £3 bills the issue was declared invalid after May 1, 1719 by an Act passed at the June 17, 1718 Session. Signers were John Coggeshall, Job Greene, Joseph Jenckes, John Odlin, Nathaniel Sheffield, and John Wanton.
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