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Virginia two hundred and fifty dollar banknote, 1781. The rate of One for Forty indicates the high inflation resulting from the American Revolutionary War
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Virginia two hundred and fifty dollar banknote, 1781. The rate of One for Forty indicates the high inflation resulting from the American Revolutionary War
VIRGINIA BANKNOTE, 1781.
Virginia two hundred and fifty dollar banknote, 1781. The rate of One for Forty indicates the high inflation resulting from the American Revolutionary War
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Media ID 7963391
1781 American Revolution Bank Note Colony Dollar Finance Inflation Paper Rebellion Revolutionary South Eastern Virginia
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EDITORS COMMENTS
This print showcases a rare artifact from American history - the Virginia two hundred and fifty dollar banknote, dated 1781. A testament to the turbulent times of the American Revolutionary War, this banknote bears witness to the high inflation that plagued the colonies during this period. The striking feature of this banknote is its exchange rate: One for Forty. This alarming ratio serves as a stark reminder of how drastically inflation soared due to the war's financial strain on Virginia and other South Eastern colonies. The value of money rapidly diminished, causing economic instability and hardship for many. As we gaze upon this piece of paper currency, we are transported back in time to an era when rebellion was brewing, and America fought for its independence. This banknote symbolizes not only monetary value but also represents a significant chapter in our nation's history. Granger Art on Demand has beautifully captured this historical relic through their lens, allowing us to appreciate both its artistic design and historical significance. It serves as a tangible link between past and present, reminding us of the sacrifices made by those who fought for freedom during the American Revolution.
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