Connecticut pound

The pound was the currency of Connecticut until 1793. Initially, the British pound circulated along with foreign currencies. This was supplemented by local paper money from 1709. Although the local currency was denominated in pounds, shillings and pence, it was worth less than sterling, with 1 Connecticut shilling = 9 pence sterling. This rated the Spanish dollar at 6 Connecticut shillings (compared to 4 shillings 6 pence sterling). The first issue of notes is known as the "Old Tenor" issue.

Connecticut pound

The pound was the currency of Connecticut until 1793. Initially, the British pound circulated along with foreign currencies. This was supplemented by local paper money from 1709. Although the local currency was denominated in pounds, shillings and pence, it was worth less than sterling, with 1 Connecticut shilling = 9 pence sterling. This rated the Spanish dollar at 6 Connecticut shillings (compared to 4 shillings 6 pence sterling). The first issue of notes is known as the "Old Tenor" issue.