Fist money after american revolution

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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 Since there were few coins minted in the Thirteen Colonies , that later became the United States , foreign coins like the Spanish dollar were widely circulated. Colonial governments, at times, issued paper money to facilitate economic activities.
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How was the Revolutionary War paid for? - Journal of the American Revolution

Great Britain possessed world-wide colonies, tremendous wealth, the ability to tax its subjects, and excellent credit ratings in the well-established world credit market. But how did the fledgling American confederation of 13 states and a weak Congress go about funding their own rebellion? History books and many teachers will imply that the French money and supplies before and after the Battles of Saratoga made all of the difference in America winning the war. While the French assistance certainly helped, it actually did a disservice to the Americans who basically paid for their own rebellion… the merchants, suppliers, planters and growers, average families, and of course the soldiers of the Continental Army.
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Early American Colonists Had a Cash Problem. Here's How They Solved It

The monetary arrangements in use in America before the Revolution were extremely varied. Each colony had its own conventions, tender laws, and coin ratings, and each issued its own paper money. The monetary system within each colony evolved over time, sometimes dramatically, as when Massachusetts abolished the use of paper money within her borders in and returned to a specie standard.
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