Template:POTD/2016-07-20
From Chalo Chatu, Zambia online encyclopedia
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A banknote for three pence, or 1/80 of a Pennsylvania pound, the currency of colonial Pennsylvania. Created as a response to the global economic downturn caused by the 1720 collapse of the South Sea Company, the currency was worth 25% less than sterling. It was discontinued in 1793 in favor of the United States dollar. This note was signed by Thomas Wharton and printed by Benjamin Franklin and David Hall. Banknote: Benjamin Franklin and David Hall (printers); image courtesy of the National Numismatic Collection at the National Museum of American History (Smithsonian Institution) | |
