During the period 1794 to 1867, Great Britain's foreign policy was to maintain rigid control of the British North American colonies. Colonies were to produce the raw materials needed by the homeland and to pay for imported goods in what the mother country considered legal tender. As the local colonial economies grew the need for circulating coinage became quite acute because they were constantly short of legal tender coins. Consequently the colonists resorted to their own ingenuity and produced many local tokens from many sources, including counterfeits.
Numista referee for banknotes of this issuer is galor.
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