Two Dollars North Carolina Currency

Two Dollars North Carolina Currency
Hillsborough, North Carolina
LOA: 4 5/8”; WOA: 2 15/16”
Promised Gift of Thomas A. Gray in honor of Robert Leath

The Gray manuscript collection houses the finest collection of North Carolina colonial and obsolete currency, including this note authorized on August 21, 1775 by North Carolina’s Provincial Congress. Meeting in Hillsborough, they authorized £125,000 in bills of credit payable in Spanish milled dollars. Issued in denominations ranging from $1/4 to $10, this is the only $2 note known to survive.[1] Its vignette depicts a North Carolina soldier standing next to a trophy of arms.

[1] Newman, Eric P, and Stuart Levine. The early paper money of America. (Iola, WI: Krause Publications, 2008) 321.