2. In the United States, a denomination of money, differing
in value in different States. It is not now legally
recognized.
Note: Many of the States while colonies had issued bills of
credit which had depreciated in different degrees in
the different colonies. Thus, in New England currency
(used also in Virginia, Kentucky, Tennessee, Indiana,
Illinois, Missouri, Mississippi, Alabama, and Florida),
after the adoption of the decimal system, the pound in
paper money was worth only $3.333, and the shilling 16?
cts., or 6s. to $1; in New York currency (also in North
Carolina, Ohio, and Michigan), the pound was worth
$2.50, and the shilling 121/2 cts., or 8s. to $1; in
Pennsylvania currency (also in New Jersey, Delaware,
and Maryland), the pound was worth $2.70, and the
shilling 131/2 cts., or 7s. 6d. to $1; and in Georgia
currency (also in South Carolina), the pound was worth
$4.29?, and the shilling 21? cts., or 4s 8d. to $1. In
many parts of the country . . . the reckoning by
shillings and pence is not yet entirely abandoned.
--Am. Cyc.