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<p>[QUOTE=&quot;The Eidolon, post: 3826846, member: 102103&quot;]This one&#039;s a bit of a cheat as it&#039;s a bill, not a coin.&nbsp; 1/3 of a dollar, Colony of Maryland, 1775.&nbsp; </p><p><br /></p><p>As Spanish colonial dollars would have normally been divided into eighths, it seems a strange fraction to choose.&nbsp; I believe they also issued 1/9, 1/6 and 2/9 dollar bills.&nbsp; These odd fractions served as a bridge between what kind of money was mostly available (Spanish silver) and the common unit of account (pounds sterling).&nbsp; At the time, a Spanish dollar was worth about 4 shillings, 6 pence = 54 pence.&nbsp; So 1/9 of a dollar would have been a convenient six pence, and 1/3 of a dollar would have been 1 shilling 6 pence.&nbsp; I&#039;ve transcribed the faded text below the image.&nbsp; There was a lot of inflation in these Revolutionary War era issues, and they traded at well below par shortly after issue.[ATTACH=full]1017894[/ATTACH][/QUOTE]</p><p><br /></p>

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