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This does not refer to a Pound Sterling, or British Pound, but rather to the colonial currency of North Carolina, the North Carolina Pound. This was the official currency of North Carolina until the establishment of the United States Dollar in 1792, as a replacement for the Continental Dollar, and is apparently still legal tender in North Carolina to this ...
Before the 1840s national currency was more or less non-existent, like the US dollar, was rare and only used in big northern cities, like Philadelphia and New York. Early dollars are so rare they are collectors items. In virtually all the states a local currency was used, which in North Carolina was called the "pound". Technically the pound was denominated ...
A picture of Queen Elizabeth II is on the front side of each banknote of the Bank of England. See here: http://www.bankofengland.co.uk/banknotes/Pages/current/default.aspx
India follows the practice too, with banknotes of all denominations of Republic of India, except a few bearing the image of Mohandas Gandhi. The exceptions are one rupee note and two rupee note.
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