Pennsylvania pound

A banknote for three pence, or 1/80 of a Pennsylvania pound, the currency of colonial Pennsylvania. Created as a response to the global economic downturn caused by the 1720 collapse of the South Sea Company, the currency was worth 25% less than sterling. It was discontinued in 1793 in favor of the United States dollar. This note was signed by Thomas Wharton and printed by Benjamin Franklin and David Hall.