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Picture of the day

Early American currency went through several stages of development during the colonial and post-Revolutionary history of the United States. During the American Revolution, the Colonies became independent states. No longer subject to arbitrarily imposed monetary regulations by the British Parliament, the States began to issue paper money, to pay for military expenses.

This one dollar banknote was issued by the Province of Maryland and is dated 1 March 1770; it is part of the National Numismatic Collection at the Smithsonian Institution.

Banknote design credit: Province of Maryland and Anne Catherine & William Green (printers); photographed by Andrew Shiva