Feb. 1, 1781 Revolutionary War, Colonial Receipt
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Connecticut Currency
Revolutionary War Depreciation of Connecticut Currency
February 1, 1781-Dated Revolutionary War, Colonial Receipt with Depreciation Scale of Connecticut Currency on verso, Very Fine.
This original Manuscript Document is boldly written on laid period paper, 6.75” x 4”, with a contemporary Depreciation Scale of Connecticut Currency on verso, being on a Note stating:
“Rec’d of Treasurer Lawrence a Note for five pounds, eleven shillings & six pence in full for within Bills agreeable to Act of Assembly”. The Scale of Depreciation and Interest from March 1, 1778 to February 1781 is noted on the verso, having recorded Bills from the July 1775 and June 1776 issues. A very rare period document that directly relates to Connecticut Colonial Paper Money and Revolutionary War inflation of currency.
The depreciation of currency was a constant struggle within the colonies. Much of the Revolutionary War issues of currency remained outstanding became excessively depreciated and even worthless. Thus the majority of what is available to collectors are those items which this occurred.
Revolutionary War Depreciation of Connecticut Currency
February 1, 1781-Dated Revolutionary War, Colonial Receipt with Depreciation Scale of Connecticut Currency on verso, Very Fine.
This original Manuscript Document is boldly written on laid period paper, 6.75” x 4”, with a contemporary Depreciation Scale of Connecticut Currency on verso, being on a Note stating:
“Rec’d of Treasurer Lawrence a Note for five pounds, eleven shillings & six pence in full for within Bills agreeable to Act of Assembly”. The Scale of Depreciation and Interest from March 1, 1778 to February 1781 is noted on the verso, having recorded Bills from the July 1775 and June 1776 issues. A very rare period document that directly relates to Connecticut Colonial Paper Money and Revolutionary War inflation of currency.
The depreciation of currency was a constant struggle within the colonies. Much of the Revolutionary War issues of currency remained outstanding became excessively depreciated and even worthless. Thus the majority of what is available to collectors are those items which this occurred.
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Feb. 1, 1781 Revolutionary War, Colonial Receipt
Estimate $400 - $500
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