Articles in regional publications that pertain to a wide range of North Carolina-related topics.
Money of the Colonial Period and its Value
Record #:
27996
Author(s):
Abstract:
Following the Tuscarora Indian War in 1711-1712, North Carolina realized the need for a money system. During the colonial period, hard currency continued to be scarce until recognition of the Reed Gold Mine in 1799. The state experienced a massive gold rush until the early 1800s, and since then, the exchange system has continued to evolve.
Source:
Journal of the New Bern Historical Society
(NoCar F 264 N5 J66), Vol. 9 Issue 2, Nov 1996,
p31-36, bibl