Early Paper Money of America / New Jersey / 1711 July 14
£5,000 (12,500 ounces of silver plate) in legal tender Bills of Credit for a proposed Canadian military operations were issued pursuant to the July 16, 1711 Act and were to be valid until April 1, 1717. Signers were Joseph Billup, John Burrow, Thomas Farmer, and Adam Hude, three of whom were to sign each bill.
2s6d (6 dwt., 6 gr.) [4,000]5s (12 dwt., 12 gr.) [2,000]
10s (1 oz., 5 dwt.) [1,000]
20s (2 oz., 10 dwt.) [1,000]
40s (5 oz.) [500]
£5 (12 oz., 10 dwt.) [300]
