The pressing need for currency meant that people often used counterfeit coins or small-denomination private issues. While Massachusetts did strike coins in the late 17th century, most of the money in circulation at the time of the Revolution was either Spanish or British. During the 17th and 18th centuries, coins were often hard to come by in the British colonies, and royal authority was generally inattentive to the economic needs of its North American possessions. North America's first European settlers often traded by barter, using corn, tobacco, and other goods as currency. Return to Drachmas, Dubloons, and Dollars homepage
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