New Jersey Pound

The pound was the currency of New Jersey until 1793. Initially, the British pound and some foreign currencies circulated, supplemented from 1709 by local paper money. However, although the notes were denominated in pounds, shillings and pence, they were worth less than sterling, with 1 New Jersey shilling = 9 pence sterling. In 1746, the New Jersey currency was pegged to silver at a rate of £1 pound = 2 troy oz 18 dwt 8 gr (1,400 grains / 90.7 grams) of silver.

The State of New Jersey issued Continental currency denominated in £sd and Spanish dollars, with $1 = 7/6. Copper coins were also issued in the mid-1780s, bearing the Latin name of the state, Nova Cæsarea. The continental currency was later replaced by the U.S. dollar at the rate of $1,000 continental = US$1.

Currencies named pound or similar

Current	Bristol Pound Egyptian pound Falkland Islands pound Gibraltar pound Guernsey pound Jersey pound Lebanese pound Manx pound Pound sterling Saint Helena pound South Sudanese pound Sudanese pound Syrian pound Turkish lira

Defunct	Alderney pound Anglo-Saxon pound Australian pound Bahamian pound Bermudian pound Biafran pound British West African pound Canadian pound Connecticut pound Cypriot pound Delaware pound Fijian pound French livre French colonial livre Gambian pound Georgia pound Ghanaian pound Haitian livre Irish pound Israeli lira Italian lira Jamaican pound Libyan pound Livre tournois Lombardy-Venetia pound Luccan pound Malawian pound Maltese pound Maltese lira Maryland pound Massachusetts pound New Brunswick pound New France livre New Guinean pound New Hampshire pound New Jersey pound New York pound New Zealand pound Newfoundland pound Nigerian pound North Carolina pound Nova Scotian pound Oceanian pound Ottoman lira Palestinian pound Papal lira Paris livre Parman lira Pennsylvania pound Pound Scots Prince Edward Island pound Rhode Island pound Rhodesian pound Rhodesia and Nyasaland pound Sardinian lira Solomon Islands pound South Carolina pound Southern Rhodesian pound South African pound South African Republic pound South West African pound Tongan pound Transvaal pound Tuscan pound Virginia pound West Indian pound Western Samoan pound Zambian pound

See also	Dinar Pound sign Troy pound

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Famous quotes containing the words jersey and/or pound:

“To motorists bound to or from the Jersey shore, Perth Amboy consists of five traffic lights that sometimes tie up week-end traffic for miles. While cars creep along or come to a prolonged halt, drivers lean out to discuss with each other this red menace to freedom of the road.”
—For the State of New Jersey, U.S. public relief program (1935-1943)

“I should consent to breed under pressure, if I were convinced in any way of the reasonableness of reproducing the species. But my nerves and the nerves of any woman I could live with three months, would produce only a victim ... lacking in impulse, a mere bundle of discriminations. If I were wealthy I might subsidize a stud of young peasants, or a tribal group in Tahiti.”
—Ezra Pound (1885–1972)

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