Drachmas Doubloons and Dollars: The History of Money
(Exhibition Home)
Early America
Introduction
Colonial America - The Continental Currency and State Coinage - Experiments of the Confederation Period - George Washington - Coin Patterns of 1792 - Early U.S. Cents - Early U.S. Silver and Gold
Colonial America

In the 17th and 18th centuries, Britain fought with other European powers for territorial control of North America, but tended to neglect the economic needs of her colonies. In 1652, the Massachusetts Bay Colony began striking its own silver shillings. Unfortunately, the minimalist design allowed people to clip the edges for bullion and they were soon replaced by willow, oak and pine tree designs. British businessmen and some colonial governors also produced tokens and copper coins with royal permission. Many of these were rejected by colonists, who preferred Spanish silver.
British tin token worth 1/24 real (1688) of James II (1685-1688) made for use in the "plantations," as the American colonies were sometimes known.
1969.222.1460
Spanish bronze proclamation medal (1788-1808) from East Florida with the jasmine flower symbol of Florida between a lion and castle, representing Spanish Leon and Castile.
British copper St. Patrick farthing imported or use in New Jersey in 1681. These tokens were produced in London 40 years earlier, but were unpopular there. British silver 12 pence (1658-1659) from London for circulation in Maryland under Cecil Calvert (1609-1675), the second Lord Baltimore. The coin shows Lord Baltimore's coat of arms.
Massachusetts silver "pine tree" shilling (1652) marked "NE."
Massachusetts silver "pine tree" shilling (1667-1682). These shillings bear the date 1652, perhaps because it was that year that the crown had granted permission to strike coins.
New York copper token marked "New Yorke in America," depicting an eagle. These tokens were made for Frances Lovelace, New York's governor from 1668 to 1673.
British copper "Rosa Americana" 2 pence (1722) produced for the colonies by William Wood.