Continental paper dollar
Paper-account value for Continental bills; not automatically modern USD.
Currency profiles
Evidence & research notes 3 claims
Poster span retained only as an unverified background guide; neither endpoint is automatically accepted.
The San Francisco Fed dates Continental paper issuance to 1775.
Continental issuance paragraph
Source access and limitations
Use for issuance, not a blanket interpretation of all notes as irredeemable fiat.
The Smithsonian’s 1778 fifty-dollar Continental bill promises Spanish milled dollars or equivalent gold or silver value.
Obverse transcription, nmah_1803808
Source access and limitations
Printed promise is not evidence of payment in full; specimen is not the first Continental issue.
The 1790 Funding Act accepts Continental bills at 100 paper dollars per specie dollar of subscribed principal, paid through funded-debt certificates.
Sections 3–4, pp. 139–140
Source access and limitations
100:1 is a valuation for subscribing to funded debt, not immediate cash redemption into modern USD.