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Issue of June 18, 1720
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The Issue of June 18, 1720 series of South Carolina Colonial Currency in the U.S. Currency contains 1 distinct entries.
£19,000 (£3,800 sterling at 400% advance) in “Rice Bills” issued in anticipation of collection of taxes in rice at 25s per hundredweight (112 pounds). £15,000 from this and the
previous issue were reissued as legal tender bills pursuant to the Sept. 21, 1721 Act which was repealed by England on Aug. 27, 1723 leaving the financial affairs of South Carolina in chaos. Denominations are not known.
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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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