Issue of 1786 City of Charleston

The Issue of 1786 City of Charleston series of South Carolina Colonial Currency in the U.S. Currency contains 3 distinct entries.

July 12, 1786 and Oct. 20, 1786 City Ordinances to provide small denominations which were lacking in the May 1, 1786 State Loan Office issue. The City deposited £8,650 in Loan Office Bills with the Loan Office to secure the City issue. The city ordinances were repealed on July 21, 1788 when an Ordinance authorized an exchange issue of small bills. Likely printed by Thomas Abernethie, Charleston copper-plate engraver and printer. Signers were John Huger, T. Jones, Thomas Ropers, and John Webb. Other denominations are probable.