Delaware pound
Encyclopedia
The pound was the currency of Delaware
until 1793. Initially, the British pound and foreign coins circulated. This was supplemented from 1723 by local paper money. Although this was denominated in pounds, shillings and pence
, the notes were worth less than sterling, with 1 Delaware shilling = 9 pence sterling.
The State of Delaware issued Continental currency denominated in £sd and Spanish dollar
s, with the dollar equal to 7 shillings and 6 pence. The Continental currency was replaced by the U.S. dollar at the rate of 1000 continental dollars = 1 U.S. dollar.
Delaware
Delaware is a U.S. state located on the Atlantic Coast in the Mid-Atlantic region of the United States. It is bordered to the south and west by Maryland, and to the north by Pennsylvania...
until 1793. Initially, the British pound and foreign coins circulated. This was supplemented from 1723 by local paper money. Although this was denominated in pounds, shillings and pence
Penny
A penny is a coin or a type of currency used in several English-speaking countries. It is often the smallest denomination within a currency system.-Etymology:...
, the notes were worth less than sterling, with 1 Delaware shilling = 9 pence sterling.
The State of Delaware issued Continental currency denominated in £sd and Spanish dollar
Spanish dollar
The Spanish dollar is a silver coin, of approximately 38 mm diameter, worth eight reales, that was minted in the Spanish Empire after a Spanish currency reform in 1497. Its purpose was to correspond to the German thaler...
s, with the dollar equal to 7 shillings and 6 pence. The Continental currency was replaced by the U.S. dollar at the rate of 1000 continental dollars = 1 U.S. dollar.