New York City - Water Works

By: Handini

A colonial note from the city of New York, payable in currency of the colony of New York. Only 2,500 of these 8 shilling notes were printed (Source: J. Watson).

8 Shillings, City Of New York (1776)
Image Contribution: Handini

Denominations of New York colonials were in the pound sterling system up through 1771. In 1775 to 1781 they were issued in the dollar system then the 1786 and 1788 issues reverted back to the pound sterling system (Source: Standard Catalog Of World Paper Money specialized issues). The Water Works notes are denominated in the pound sterling system and yet the 8 shillings note shown above is from 1776, when the New York colonials were using the dollar system. This implies that at least in the city of New York, both currency systems were being used. These notes are not listed in the Standard Catalog Of World Paper Money specialized issues. They were printed by Hugh Gaine, who also printed the 1771 issues of colonials from New York (Source: Standard Catalog Of World Paper Money specialized issues).

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