Uncut NC 1780 $25 and $100 

Title

North Carolina paper currency, Bills of Credit value twenty-five dollars and one hundred dollars

Maker

James Davis, printer

Material

Type on laid paper, ink

Origin

North Carolina, New Bern

Date:

1780

Dimensions:

OH: 9 1/8” (13.0 cm); OW: 3 9/16” (9.0 cm)

Description:

Two typeset Bills of Credit issued by North Carolina with borders all around; wider borders on sides and top. (Top) Printed text (obverse): “DEATH TO COUNTERFEIT./ One Hundred/ DOLLARS. N^o 5512/ STATE of NORTH CAROLINA. / This bill intitles [sic] the Bearer to receive/ One Hundred Spanish mill’d Dollars, / or the value thereof in Gold or Silver, agreeable to an Act of Assembly passed/ at Newbern the 10^th Day of May 1780.” In lower left corner: “Fortis cadère cedere/ non potest (a brave man cannot fail).”On left border: “North Carolina Currency.” On right border: “one hundred dollars.” Ink signatures: “Ja^s Coor.” Reverse: “100 Dollars./  Printed by J A. DAVIS,/ 1780.”

(Bottom) Printed text (obverse): “North Carolina Currency./  TWENTY FIVE DOLLARS./  N^o 5512 / State of  North Carolina./ This Bill intitles [sic] the Bearer to receive twenty/ five Spanish mill’d Dollars, or the Value thereof/ in Gold or Silver, agreeable to an Act of Assem/ bly passed at Newbern this 10^th Day of May,/ 1780.” In lower left corner: “Quid non virtute/ efficiendum. (What is not to be accomplished by virtue).” On left border: “Death to Counterfeit.” Right border: “Twenty Five dollars.”  Ink signature: Jas. Coor.”  Reverse: “XXV  DOLLARS/ Printed by James Davis,/ 1780.”

Donor:

Miss Pauline Toon

Relation:

Comments:

This was the second issue of Bills of Credit in 1780. By the May 10^th Act the Assembly authorize an additional £1,240,000 ($3,100,000) in legal tender Bills of Credit. The Governor apparently added to the issue of $25, $100 and $500 and added the new denominations of $200, $300, $400 and $600. Authorized signatures on the bills were John Ashe, Waightsill Avery, Jonathan Cooke, J. W. Caron, James Coor, David Cox, Jr., M. Frank, James Green, Jr., Is. Guion, Joseph Leech and H. Vipon.  This issue depreciated to 800 to 1. Some depreciated bills remained in circulated into the nineteenth century.

Language:

En

Rights:

Permission to use the photograph must be obtained in writing from Tryon Palace Historic Sites & Gardens, New Bern, North Carolina. It must be accompanied by the caption” From the collection of Tryon Palace Historic Sites & Gardens, New Bern, North Carolina; North Carolina Department of Cultural Resources, Division of Archive and History.”