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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 twenty shillings banknote was issued by the Province of Pennsylvania, dated 20 March 1771; it is part of the National Numismatic Collection at the Smithsonian Institution.

Banknote design credit: Province of Pennsylvania, Printed by D. Hall & W. Sellers; photographed by Andrew Shiva