Continental+Dollars

=Continental Dollars= toc

The Continental Dollars were paper money printed for the people in the colonies. They were issued by the Continental Congress during the Revolutionary War. They would use those Continental Dollars as money. They were easily counterfited and soon lost their value.

How The Dollars Were Created
The signicicant Continental Dollar was issued in 1776. The coins were developed to provide support for the paper curency that was funding the Revolutioary War effort. They were also developed to win an economic victory before a military victory over Britian.

Who The Dollars were created By
The Continental Dollars were made by a group of five men. Paul Revere who was from Boston and Benjamin Franklin who mostly designed the dollars were on the committee. Benjamin Franklin did most of the work designing them though. There were twenty-eight men appointed to sign the Continental Dollars.

What The Dollars Looked Like
The coins destinctful designs were created by Benjamin Franklin. The dollars were very gruff looking though and were printed off of very thick sheets of paper. The British thought the dollars were so hidious that they called it "the paste-board money of the rebels."

How Congress Issued The Continental Dollars
Congress issued many Continental Dollars that year and soon ran out. So they had to print some more copies. By the end of 1775 Congress had issued 6,000,000 copies of the Continental Dollar. Colonies had about $12,000,000 before the Revolution and now with the 60% increase the colonists have retained more money than they should have had in a single year. (That is bad for Congress.)

The Conclusion Of The Continental Dollar
Since people were printing off so many Continental Dollars it got to where people could take as much as they wanted which made the dollars not worth much. Eventually the U.S. delagates made their way to the Constitutional Convention todeliver the gold and silver clause to the United States Constitution. Now the states can't make their individuel Continental Dollars. After that the expierence of the United States Continental Dollars is gone.

Reference:
Author uknown,"US-Coins-Values-Advisor.com" http://www.us-coin-values-advisor.com/the-american-revolution.html#Money%20of%20the%20American%20Revolution copyright 2005. Author:Nation Master co.http://www.nationmaster.com/encyclopedia/Continental-dollar copyright 2003-2005 Garraty John A. __The Story of America__ Austin, Tx: Holt, Rinehart and Winston 1994

Two Gold Coins U.S. Continental Currency