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A History | The Winning of Independence 1777-1783 | Nadir of the American Cause | Continental Currency
Continental Currency
In 1775 the Continental Congress authorized the issuance of paper money to finance the American War for
Independence. These notes, known as "Continentals," would be redeemable only after the colonies won
their independence. Overprinted and distrusted by the public, they declined rapidly in value, giving rise to
the popular expression "not worth a Continental."
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