Craven County Digital History Exhibit

NC 1778 $10

Accession Number TP.1987.034.004


North Carolina paper currency, Bill of Credit value ten dollars



James Davis, printer



Type on laid paper, ink



North Carolina, New Bern






OH: 2 ½” (6.2 cm); OW: 3” (7.7 cm)



Typeset ten-dollar Bill of Credit issued by North Carolina with borders all around; border on top printed “NORTH CAROLINA CURRENCY , on left : “TEN DOLLARS”, on right: “DEATH TO COUNTERFEIT.” Printed text: “TEN  DOLLARS/ No [illegible]/ STATE of NORTH CAROLINA./ This Bill intitles [sic] the Bearer to receive/ TEN Spanish  milled DOLLARS, or the/ Value thereof in Gold & Silver, agree-/ able to an Act of Assembly passed at Hillsborough/ the eighth Day of August 1778.” Motto in lower left corner: “Persecution the Ruin /of Empires.” Signed in ink: [illegible] and “William[s].”  Printed on reverse: TEN DOLLARS/ Printed by J Davis,/ 1778.”









£850,000  ($2,125,000) in legal tender Bills of Credit was authorized by the August 8, 1778 Act. Bills were printed on both sides. This denomination was issued in a series of 16,666. Counterfeit copies of this bill are known. Signers included: Joseph Armitage, J. Burk, M. Caswell, Richard Caswell, S.Caswell, Jesse Cobb, Richard Cogdell, James Coor, David Cox, Jr., Oroondates Davis, Benjamin Exum, James Green, Thomas Harvey, Benjamin Hawkins, Joseph Jones, James Kenan, James Kerr, John Lillington, C. Markland, H. Machilwien, Thomas Satterwhite, William Sharp, R. White,and James Williams.






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