Pine tree shilling in the context of "John Hull (merchant)"

Play Trivia Questions online!

or

Skip to study material about Pine tree shilling in the context of "John Hull (merchant)"

Ad spacer

>>>PUT SHARE BUTTONS HERE<<<

👉 Pine tree shilling in the context of John Hull (merchant)

John Hull (December 18, 1624 – October 1, 1683) was an English-born merchant, silversmith, slave trader and politician who spent the majority of his life in the Massachusetts Bay Colony. After arriving in North America, he worked as a silversmith in Boston before becoming the moneyer responsible for issuing the colony's pine tree shillings in the mid-17th century. Hull was also a successful merchant and engaged in slave-trading on multiple occasions. He was also an early benefactor of Harvard College and a co-founder of the Old South Church.

↓ Explore More Topics
In this Dossier

Pine tree shilling in the context of Early American currency

Early American currency went through several stages of development during the colonial and post-Revolutionary history of the United States. John Hull was authorized by the Massachusetts legislature to make the earliest coinage of the colony (the willow, the oak, and the pine tree shilling) in 1652.

Because few coins were minted in the Thirteen Colonies, which later became the United Colonies and then the United States, foreign coins like the Spanish dollar were widely circulated. Colonial governments, at times, issued paper money to facilitate economic activities. The Parliament of Great Britain passed currency acts in 1751, 1764, and 1773 to regulate colonial paper money.

↑ Return to Menu