Georgia pound
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![]() Georgia one-shilling note (1776) | |
Denominations | |
---|---|
Subunit | |
1⁄20 | shilling |
Demographics | |
Date of introduction | 1735 |
Replaced by | U.S. dollar |
User(s) | Georgia, United States |
This infobox shows the latest status before this currency was rendered obsolete. |
![](http://upload.wikimedia.org/wikipedia/commons/thumb/a/a7/US-Colonial_%28GA-124%29-Georgia-4_May_1778_OBV.jpg/220px-US-Colonial_%28GA-124%29-Georgia-4_May_1778_OBV.jpg)
The pound was the currency of Georgia until 1793. Initially, sterling coin circulated. This was supplemented from 1735 with local paper money denominated in £sd, with 1 pound = 20 shillings = 240 pence.
The State of Georgia issued Continental currency denominated in £sd and Spanish dollars, at 1 dollar = 5 shillings, i.e. £1 = $4. The continental currency was replaced by the U.S. dollar at the rate of 1000 continental dollars = 1 U.S. dollar.
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