RI.gov
Subscribe to our e-news | En Español | Search this site: Print 

Twenty Dollar Currency Note

All Titles

  • Twenty Dollar Currency Note

Dublin Core

Title

Twenty Dollar Currency Note

Description

Image of the Rhode Island Twenty Dollar Currency Note, 1780.

This 20 Dollar bill was issued in 1780 and is a promissory note from the State of Rhode Island. which promised to pay the bearer the principal plus 5% interest every year in 6 years. The note was then traded like money for goods and services. Whoever possessed the note at the end of the 6-year term collected the principal and all the interest. Notice the offset text on the left side of the bill, the original signatures and the unique handwritten number, all of which were meant to frustrate counterfeiters. The back adds offset text in red and a woodcut image which would be very difficult to reproduce exactly.
Source: Brown University: Money, Money, Money!

Publisher

Rhode Island State Archives

Date

1780

Rights

Copyright is in the public domain unless otherwise specified. We reserve the right to restrict reproduction of materials due to preservation concerns.

Format

jpeg

Language

eng

Still Image Item Type Metadata

Original Format

paper

Tags:

Citation

Rhode Island (1663-), "Twenty Dollar Currency Note," in Virtual Exhibits, Item #81, http://sos.ri.gov/virtualarchives/items/show/81 (accessed November 1, 2014).