New Hampshire pound
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The pound was the currency of
New Hampshire New Hampshire is a U.S. state, state in the New England region of the northeastern United States. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec t ...
until 1793. Initially, sterling coin circulated, supplemented from 1709 by local paper money. These notes were denominated in
£sd £sd (occasionally written Lsd, spoken as "pounds, shillings and pence" or pronounced ) is the popular name for the pre-decimal currencies once common throughout Europe, especially in the British Isles and hence in several countries of the B ...
but were worth less than sterling, with 1 New Hampshire shilling = 9 pence sterling. This first issue of paper money was known as the "Old Tenor" issue. In 1742, following depreciation of the Old Tenor notes, "New Tenor" notes were issued worth 4 times the Old tenor notes. These were replaced, in 1755, by the "Lawful Money" issue. These notes were initially equal to their face value in sterling and replaced the previous issues at the rates of 1 Lawful shilling = 3â…“ New Tenor shillings = 13â…“ Old Tenor shillings. The "Colonial" issue of paper money was introduced in 1763, worth 1â…“ times the Lawful Money notes. The State of New Hampshire issued
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 ...
denominated in £sd and Spanish dollars, with 1 dollar = 6 shillings. The continental currency was replaced by the
U.S. dollar The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the officia ...
at a rate of 1000 continental dollars = 1 U.S. dollar. {{DEFAULTSORT:New Hampshire Pound Historical currencies of the United States 1793 disestablishments in New Hampshire Pre-statehood history of New Hampshire Economy of New Hampshire