Issue of May 7, 1781

The Greysheet Catalog (GSID) of the Issue of May 7, 1781 series of Virginia Colonial Currency in the U.S. Currency contains 16 distinct entries with CPG® values between $130.00 and $2,500.00.

£20,000,000 ($60,000,000) was issued in legal tender Treasury Bills redeemable by Dec. 30, 1794 at $1 specie for $40 in bills. By an Act at the Nov. 1781 Session legal tender status was terminated, all Virginia issues were called for redemption at $1 specie for $1,000 in bills, and all bills were to become worthless by Oct. 1, 1782. Printed in Richmond by John Dunlap of Philadelphia. Bills of $100 and over are larger and have three cast border cuts by William Waddill . Signers were John Boush, A. Craig, J. Hopkins, John Lyne, H. Randolph, J. Rose, J. M. Simmons, and Bolling Stark. Two signers appear on six lowest denominations and three signers on the others.