Slaves processing tobacco during the 17th century
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In 1619, the General Assembly of the Colony of Virginia rated tobacco of high quality as being equal to three shillings. During 1642, it was officially declared legal tender in the colony. The unsteadiness of tobacco prices eventually led Virginia to issue "tobacco notes" in 1727. In the Province of Maryland, nearly all transactions were made using tobacco. Up until the American Revolution, the Province of North Carolina also used tobacco as currency. Eventually, the idea of using tobacco as currency died during the later 18th century, mainly because of its lack of portability and variability in value.