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Continental Bank Note
1776

"Not worth a continental"
This 1776 note is typical of the paper money issued by the Continental Congress to pay for the costs of the American Revolution. Due to over-issue and lack of confidence in the government, the notes were soon nearly worthless-"not worth a continental." Eventually, Congress redeemed them at 1/100th of their original value in bonds, which did not mature until 1811.

Notes
Issued, July 22, 1776
Face value, $8
Web display only

Learn more!
· National Numismatic Collection, NMAH
· Revolution and the New Nation (1754-1820s)

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