May 1, 1777 Issue of May 1, 1777

The Greysheet Catalog (GSID) of the Issue of May 1, 1777 series of Delaware Colonial Currency in the U.S. Currency contains 12 distinct entries with CPG^® values between $80.00 and $2,300.00.

£25,000 in legal tender Bills of Credit is pursuant to the Feb. 22, 1777 Act. £15,000 was for mortgage loans to be redeemed by Jan. 1, 1788 and £10,000 was for expenditure to be redeemed by May 1, 1782. The new State Arms and borders were cut by James Adams at a cost of £24. Sheaf of wheat cuts were reused. Four lowest denominations are of small size. Printed by James Adams on thick paper containing blue fiber and mica flakes, the same paper then being used for Continental Currency. Legal tender discontinued on Nov. 4, 1780. Signers were John Clarke, Joshua Hill, John Jones, John Laws, Richard Lockwood, Alexander Porter, Abraham Robinson, John Thompson, and John Wiltbank.