Craven County Digital History Exhibit

NC 1776 $7-1/2

Accession Number TP.1986.032.001


North Carolina paper currency, Bill of Credit value seven and an half dollars



[James Davis, printer]



Laid paper, ink



North Carolina, [New Bern]






OH: 2 3/8” (6.1 cm); OW: 3 7/16” ” (8.5 cm)



Engraved seven and an half dollar Bill of Credit issued by North Carolina with narrow borders on both sides and, in lower left corner, a vignette of a U. S. flag with 13 stripes and Union Jack in upper left corner. Left border: “G. L./ Seven Dollars & ½.” Right border: “Seven Dollars & ½.” Main text: Death to/ Counter-/ feit./ Seven Dollars and an half./ No Carolina Currency/ No 684 SEVEN DOLLARS/ AND AN HALF/ By Authority of Congress/ at Halifax April 2d 1776.” Ink signatures: “ W Haywood”/ “Webb”, Wm Williams”. Ink inscriptions on reverse: “Recd Jo Nibane [?],”  “Capt Ramsey to we” “Y Colnl Young/ GL” and very faint inscription.









Engraved initials “G L” in lower corner of left border are assumed to be those of Gabriel Lewyn, a Baltimore goldsmith. An Act dated April 2, 1776, authorized the printing of $1,250,000 (£500,000) in Bills of Credit. The bills were issued in two series: $250,000 in the first, dated April 2, 1776 (the beginning of the session) and $1,000,000 in the second, dated May 9, 1776. Each bill has a vignette and some also contain mottoes. This denomination was issued in a series of 10,000 bills. Fractional denominations (less than one dollar) are smaller in size than the higher denominations. Bills were signed by: Willis Alston, J. Bradford, William Haywood, G. Hill, Benjamin McCulloch, David Sumner, J. Webb, and William Williams. Some of the bills in this issue were engraved by “GL” thought to be Gabriel Lewyn, a Baltimore goldsmith. Only a few of the bills in this series of issues have his initials.






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.”

Obverse Image
Reverse Image

Images scanned by Dean Knight
Text prepared by Nancy Richards and Victor T. Jones, Jr.

Last edited: June 5, 2015