when was paper money first used in the united states?

Answer 1

late 1800s, after Civil War

Answer 2

You ask about the United States, so I won't get into colonial times. If you say that the United States came into being after the eclaration of Independence, then the answer is 1776. This is because the Continental Congress that waged the War of Independence with Washington as commander-in-chief, issued a paper banknote (bill) called the continental. Inflation soon set in as the Congress printed a lot of them and states (former colonies) began borrowing. Very soon, the phrase arose in conversation that if anything was worthless, "It's not worth a continental."

Answer 3

Here ya go....
**The first State issue of notes (in north America) was made in 1690 by the Massachusetts Bay Colony. These notes, or "bills of credit". were issued to pay soldiers returning from an expedition to Quebec. The notes promised eventual redemption in gold or silver and could be used immediately to pay taxes and were accepted as legal tender. The example of Massachusetts was followed by other colonies who thought that by printing money they could avoid the necessity to raise taxes.

Another early form of paper money used in north America was "tobacco notes". These were certificates attesting to the quality and quantity of tobacco deposited in public warehouses. These certificates circulated much more conveniently than the actual leaf and were authorized as legal tender in Virginia in 1727 and regularly accepted as such throughout most of the eighteenth century.**

Answer 4

Paper currency was issued by the states during colonial times. In those states the bills were simply designed and were easily forged. Counterfieting was punishable by death.