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Townsends is an American educational YouTube channel created and hosted by Jon Townsend.Originally a channel to advertise items for sale from the family's brick and mortar historical reenactment supply store in Pierceton, Indiana, Townsends has become known for its historical mini-documentaries.
Ward, Harry M. "Review: Money and Politics in America, 1755–1775: A Study in the Currency Act of 1764 and the Political Economy of Revolution." The Journal of Southern History 40.3 (1974): 460–462. Further reading. Brock, Leslie V. The currency of the American colonies, 1700–1764: a study in colonial finance and imperial relations.
Early American currency went through several stages of development during the colonial and post-Revolutionary history of the United States. John Hull was authorized by the Massachusetts legislature to make the earliest coinage of the colony (the willow, the oak, and the pine tree shilling ) in 1652.
A History of Money and Banking in the United States is a 2002 book by economist Murray Rothbard, released posthumously based on his archived manuscripts. [1] The author traces inflations, banking panics, and money meltdowns from the Colonial Period through the mid-20th century.
American History, Colonial History Charles McLean Andrews (February 22, 1863 – September 9, 1943) was an American historian , an authority on American colonial history. [ 1 ] He wrote 102 major scholarly articles and books, as well as over 360 book reviews, newspaper articles, and short items. [ 2 ]
The paper money issued in colonial Massachusetts was denominated in £sd, although it was worth less than sterling. Initially, six shillings were equal to one Spanish dollar . After years of high inflation, in 1749 Massachusetts withdrew its paper money from circulation and returned to specie.
1652 pine tree shilling. The pine tree shilling was a type of coin minted and circulated throughout the Thirteen Colonies.. In 1652, the Massachusetts Bay Colony authorized Boston silversmiths John Hull and Robert Sanderson to mint coinage. [1]
This made a colonial shilling equivalent to 9d sterling and a colonial pound equivalent to 2 troy oz 18 dwt 8 gr (1,400 grains / 90.7 grams) of silver. Currency issued at this rate was referred to as “Proclamation Money”. [1] The currency of colonial New Jersey consisted of bills of credit which circulated as legal tender. Each issue was ...