• Issue of June 18, 1720

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Values / U.S. Currency / South Carolina Colonial Currency / Issue of June 18, 1720 / Jun 18, 1720 Issue of June 18, 1720

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

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previous issue were reissued as legal tender bills pursuant to the Sept. 21, 1721 Act which was repealed by England on Aug. 27, 1723 leaving the financial affairs of South Carolina in chaos.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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