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The high European demand for tobacco led to a rise in the value of tobacco. Colonists started trading tobacco for essential natural resources and even used it as currency. History Of Tobacco In The World Tobacco Timeline Log in for more information. What happened to tobacco in the mid 1700s . Log in for more information. Asked 333 days ago582020 72206 PM. Log in for more information. Tobacco was the most valuable cash crop produced in the 1700s until the invention of the cotton gin. Tobacco was the most valuable cash crop produced in the 1700s until the invention of the cotton gin. - happened to tobacco in the mid-1700s. This answer has been confirmed as correct and helpful. Asked 45 days ago3212021 90615 PM. The rise of value of tobacco accelerated the economic growth in America. Asked 302 days ago582020 72206 PM. 1 Tobacco was the most valuable cash crop produced in the 1700s until the invention of the cotton gin. How could you describe the free black s...