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In This Set
13 Original States Paper Money Notes.
For many years before the Revolutionary War, paper money or "Bills of Credit" had been circulating in the American Colonies. Most were issued to pay for military emergencies, or were authorized to build or repair public works. In many cases it also filled the void caused by shortages of coins. With the beginning of the American Revolution, each state issued its own paper money to cover military and governmental expenses. These issues were entirely separate from those authorized by the Continental Congress, and numbered over 100 from 1775 to 1781. Surprisingly, the paper money from one state circulated relatively freely in other states; however, by the end of the War most of it was virtually worthless.