• Issue of May 1, 1786

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Values / U.S. Currency / South Carolina Colonial Currency / Issue of May 1, 1786 / May 1, 1786 Issue of May 1, 1786

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The Greysheet Catalog (GSID) of the Issue of May 1, 1786 series of South Carolina Colonial Currency in the U.S. Currency contains 4 distinct entries with CPG® values between $3,000.00 and $5,000.00. £100,000 in Loan Office Bills of Credit authorized by the Acts of Oct. 12,

The Greysheet Catalog (GSID) of the Issue of May 1, 1786 series of South Carolina Colonial Currency in the U.S. Currency contains 4 distinct entries with CPG® values between $3,000.00 and $5,000.00.

£100,000 in Loan Office Bills of Credit authorized by the Acts of Oct. 12, 1785 and Mar. 22, 1786 and receivable for taxes until May 1, 1791 on a par with specie. Secured by land mortgages or specie. The use for taxes was extended by the Act of Feb. 19, 1791. Engraved by Abernethie of Charleston. Denominations of 2s6d and 5s were originally authorized but subsequently revoked before issuance. Signers were John Huger, T. Jones, and John Postell. Prior attempts by the Acts of May 29, 1736 and June 17, 1746 to establish a General Loan Office currency had been disapproved by England.

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May 1, 1786 £1 South Carolina (Fr. SC169)
May 1, 1786 £1 South Carolina (Fr. SC169)
May 1, 1786 £2 South Carolina (Fr. SC170)
May 1, 1786 £2 South Carolina (Fr. SC170)
May 1, 1786 £3 South Carolina (Fr. SC171)
May 1, 1786 £3 South Carolina (Fr. SC171)
Value Range: $3,000 - $5,000
$3,000 - $5,000
May 1, 1786 £10 South Carolina (Fr. SC172)
May 1, 1786 £10 South Carolina (Fr. SC172)

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.

Read CDN Terms of Use

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