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Colonial Currency 20 Shillings Massachusetts Note, Series of 1690

20 Shillings Massachusetts Note, February 3, 1690 [1691 New Style] Massachusetts Bay Colony. Raised Denomination Bill. In 1690, the Massachusetts Bay Colony issued the first Colonial currency. Other colonies soon began to issue their own paper currency. Usually denominated in Spanish Milled Dollars, Colonial notes were also denominated in British shillings, pounds, and pence. In 1764, the British declared Colonial currency illegal. No.1009. Signed by John Phillips, Penn Townsend, and Adam…

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