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Issue of 1731
Greensheet & Friedberg® Price Guide
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The Greysheet Catalog (GSID) of the Issue of 1731 series of South Carolina Colonial Currency in the U.S. Currency contains 12 distinct entries with CPG® values between $6,500.00 and $9,000.00.
£106,500 (£15,214 5s 8½d sterling at 600% advance) in indented engraved legal tender Bills of Credit authorized by an Aug. 20, 1731 Act to exchange for all outstanding bills. Bills of 4s6d denominations were issued without authority but ratified by the May 4, 1733 Act. All prior issues were originally made invalid after June 1, 1732, but were extended to Mar. 25, 1733/34 by the May 4, 1733 Act. Because of counterfeits, genuine £3, £4, and £15 bills were called in by the June 7, 1735 Act and were reissued after overprinting. An additional emission of £10,000 was authorized by the June 7, 1735 Act to replace worn bills. Signers were Othniel Beale, John Champneys, John Hammerton, Gabriel Manigault, Charles Pinckney, Roger Saunders, and Francis Yonge.
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Legal Disclaimer
The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.
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With the month of July and all the celebrations of Independence Day behind us, the rare coin market looks with anticipation to August.
"These coins have been off the market for at least 10-15 years, and many of them are in older generation grading holders as well, adding to the excitement," comments John M. Pack.
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