Colonial paper money was issued by each of the 13 colonies when they were under the British monarchy. Each colony was responsible for the use and redemption of it’s own currency.
Paper money was issued for the construction of roads, courthouses, etc. Continental currency was used to finance military expenses of the American Revolution. They were denominated in pounds, shillings, and pence. Virginia, for example also used dollars as a monetary unit. These notes were printed on high quality durable rag paper, which is why they lasted all these years.
People who fought for our early cause handled this money. Those who signed our important early documents, like the U.S. Constitution even signed some issues stating the strength and hope for prosperity of our newfound nation.
Our country was small in the beginning years, but, it was the determination and ambition of these men and women to pave the way of a free country for all of us.
So, the next time you look at our early money, know that the people who handled this may have crossed the Delaware with our Commander-in-Chief George Washington, fought at Lexington and Concord or was at the end of the Revolutionary War seeing Washington accept Cornwallis’ sword as a term of surrender in 1781.