Virginia Pound
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Virginia Pound
The pound was the currency of Virginia until 1793. Initially, Pound sterling, sterling coin circulated along with foreign currencies, supplemented from 1755 by local paper money.Newman, 2008, p. 437. Although these notes were denominated in £sd, they were worth less than sterling, so 1 Virginia shilling was equal to 9d sterling Colonial legislation In 1645 the legislature of the Colony of Virginia prohibited barter, and valued the Spanish dollar or piece of eight at 6/–. The 1655 legislature officially devalued the Spanish dollar to 5/-. Virginia coinage The first "official" coinage in British North America was issued by the Province of Virginia in 1775, although they were dated 1773. The reason was that the Virginia House of Burgesses had been requesting the coinage for several years and King George III finally consented in that year. Five tons of coins were sent to the colony on the clipper ship ''Virginia'' and most of the coins were distributed just before the breakout o ...
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Province Of Virginia
The Colony of Virginia, chartered in 1606 and settled in 1607, was the first enduring English colony in North America, following failed attempts at settlement on Newfoundland by Sir Humphrey GilbertGilbert (Saunders Family), Sir Humphrey" (history), ''Dictionary of Canadian Biography'' Online, University of Toronto, May 2, 2005 in 1583 and the colony of Roanoke (further south, in modern eastern North Carolina) by Sir Walter Raleigh in the late 1580s. The founder of the new colony was the Virginia Company, with the first two settlements in Jamestown on the north bank of the James River and Popham Colony on the Kennebec River in modern-day Maine, both in 1607. The Popham colony quickly failed due to a famine, disease, and conflicts with local Native American tribes in the first two years. Jamestown occupied land belonging to the Powhatan Confederacy, and was also at the brink of failure before the arrival of a new group of settlers and supplies by ship in 1610. Tobacco became Vir ...
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1793 Disestablishments In The United States
The French Republic introduced the French Revolutionary Calendar starting with the year I. Events January–June * January 7 – The Ebel riot occurs in Sweden. * January 9 – Jean-Pierre Blanchard becomes the first to fly in a gas balloon in the United States. * January 13 – Nicolas Jean Hugon de Bassville, a representative of Revolutionary France, is lynched by a mob in Rome. * January 21 – French Revolution: After being found guilty of treason by the French National Convention, ''Citizen Capet'', Louis XVI of France, is guillotined in Paris. * January 23 – Second Partition of Poland: The Russian Empire and the Kingdom of Prussia partition the Polish–Lithuanian Commonwealth. * February – In Manchester, Vermont, the wife of a captain falls ill, probably with tuberculosis. Some locals believe that the cause of her illness is that a demon vampire is sucking her blood. As a cure, Timothy Mead burns the heart of a deceased person in f ...
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Historical Currencies Of The United States
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ...
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Continental Currency
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. Because few coins were minted in the Thirteen Colonies, which later became the United Colonies and then the United States, foreign coins like the Spanish dollar were widely circulated. Colonial governments, at times, issued paper money to facilitate economic activities. The British Parliament passed Currency Acts in 1751, 1764, and 1773 to regulate colonial paper money. During the American Revolution, the Colonies became independent states. No longer subject to monetary regulations arbitrarily imposed by the British Parliament, the States began to issue paper money to pay for military expenses. The Continental Congress also issued paper money during the Revolution — known as Conti ...
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American Revolution
The American Revolution was an ideological and political revolution that occurred in British America between 1765 and 1791. The Americans in the Thirteen Colonies formed independent states that defeated the British in the American Revolutionary War (1775–1783), gaining independence from the British Crown and establishing the United States of America as the first nation-state founded on Enlightenment principles of liberal democracy. American colonists objected to being taxed by the Parliament of Great Britain, a body in which they had no direct representation. Before the 1760s, Britain's American colonies had enjoyed a high level of autonomy in their internal affairs, which were locally governed by colonial legislatures. During the 1760s, however, the British Parliament passed a number of acts that were intended to bring the American colonies under more direct rule from the British metropole and increasingly intertwine the economies of the colonies with those of Brit ...
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King George III
George III (George William Frederick; 4 June 173829 January 1820) was King of Great Britain and of Ireland from 25 October 1760 until the union of the two kingdoms on 1 January 1801, after which he was King of the United Kingdom of Great Britain and Ireland until his death in 1820. He was the longest-lived and longest-reigning king in British history. He was concurrently Duke and Prince-elector of Brunswick-Lüneburg ("Hanover") in the Holy Roman Empire before becoming King of Hanover on 12 October 1814. He was a monarch of the House of Hanover but, unlike his two predecessors, he was born in Great Britain, spoke English as his first language and never visited Hanover. George's life and reign were marked by a series of military conflicts involving his kingdoms, much of the rest of Europe, and places farther afield in Africa, the Americas and Asia. Early in his reign, Great Britain defeated France in the Seven Years' War, becoming the dominant European power in North America ...
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Virginia House Of Burgesses
The House of Burgesses was the elected representative element of the Virginia General Assembly, the legislative body of the Colony of Virginia. With the creation of the House of Burgesses in 1642, the General Assembly, which had been established in 1619, became a bicameral institution. From 1642 to 1776, the House of Burgesses was an instrument of government alongside the royally-appointed colonial governor and the upper-house Council of State in the General House. When the Virginia colony declared its independence from the Kingdom of Great Britain at the Fifth Virginia Convention in 1776 and became the independent Commonwealth of Virginia, the House of Burgesses became the House of Delegates, which continues to serve as the lower house of the General Assembly. Title ''Burgess'' originally referred to a freeman of a borough, a self-governing town or settlement in England. Early years The Colony of Virginia was founded by a joint-stock company, the Virginia Company, as a priv ...
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British North America
British North America comprised the colonial territories of the British Empire in North America from 1783 onwards. English overseas possessions, English colonisation of North America began in the 16th century in Newfoundland (island), Newfoundland, then further south at Roanoke Colony, Roanoke and Jamestown, Virginia, and more substantially with the founding of the Thirteen Colonies along the Atlantic coast of North America. The British Empire's colonial territories in North America were greatly expanded in connection with the Treaty of Paris (1763), which formally concluded the Seven Years' War, referred to by the English colonies in North America as the French and Indian War, and by the French colonies as . With the ultimate acquisition of most of New France (), Territorial evolution of North America since 1763, British territory in North America was more than doubled in size, and the exclusion of France also dramatically altered the political landscape of the continent. The ...
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Recto Virginia 7 Shillings 6 Pence 1776 Urn-3 HBS
'''' is the "right" or "front" side and ''verso'' is the "left" or "back" side when text is written or printed on a leaf of paper () in a bound item such as a codex, book, broadsheet, or pamphlet. Etymology The terms are shortened from Latin: and ' (which translate as "on the right side of the leaf" and "on the back side of the leaf"). The two opposite pages themselves are called ' and ' in Latin, and the ablative ', ' already imply that the text on the page (and not the physical page itself) are referred to. Usage In codicology, each physical sheet (', abbreviated ''fol.'' or ''f.'') of a manuscript is numbered, and the sides are referred to as ' and ', abbreviated as ''r'' and ''v'' respectively. Editions of manuscripts will thus mark the position of text in the original manuscript in the form ''fol. 1r'', sometimes with the ''r'' and ''v'' in superscript, as in ''1r'', or with a superscript ''o'' indicating the ablative ', ', as in ''1ro''. This terminology has been stan ...
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Piece Of Eight
The Spanish dollar, also known as the piece of eight ( es, Real de a ocho, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g = 0.822 oz t fine silver. It was widely used as the first international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency. Because the Spanish dollar was widely used in Europe, the Americas, and the Far East, it became the first world currency by the late 18th century. The Spanish dollar was the coin upon which the original United States dollar was based (at 0.7735 oz t = 24.0566 g), and it remained legal tender in the United States until the Coinage Act of 1857. Many other currencies around the world, such as the Japanese yen and the Chinese yuan, were initially based on the Spanish dollar and other 8-real coins ...
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Spanish Dollar
The Spanish dollar, also known as the piece of eight ( es, Real de a ocho, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g = 0.822 oz t fine silver. It was widely used as the first world currency, international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency. Because the Spanish dollar was widely used in Europe, the Americas, and the Far East, it became the first world currency by the late 18th century. The Spanish dollar was the coin upon which the original United States dollar was based (at 0.7735 oz t = 24.0566 g), and it remained legal tender in the United States until the Coinage Act of 1857. Many other currencies around the world, such as the Japanese yen and the Yuan (currency), Chinese yuan, were initially based on the Span ...
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