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A Washington Monument Macerated Currency Post-1908. This Washington Monument ===
A Washington Monument Macerated Currency Post-1908. This Washington Monument ===
A Washington Monument Macerated Currency Post-1908. This Washington Monument ===
A Washington Monument Macerated Currency Post-1908. This Washington Monument ===
A Washington Monument Macerated Currency Post-1908. This Washington Monument ===

A Washington Monument Macerated Currency Post-1908. This Washington Monument ===

$ 157.87

Availability: 100 in stock
  • Restocking Fee: No
  • Condition: Washington Monument Macerated Currency Post-1908.This Washington Monument is five inches tall. The white color informs us of a post-1908 construction. macerated currency item is a collectors delight
  • Return shipping will be paid by: Seller
  • Item must be returned within: 14 Days
  • Refund will be given as: Money Back
  • All returns accepted: Returns Accepted

    Description

    BID OR BUY IT NOW OR MAKE AN OFFER
    Washington Monument Macerated Currency Post-1908.
    This Washington Monument is five inches tall.
    The white color informs us of a post-1908 construction.
    macerated currency item is a collectors delight
    ABOUT MACERATED CURRENCY
    Paper currency did not come into general use until the Civil War.
    An act of Congress in 1862 authorized the Treasury Department
    to come up with a method for destroying old paper notes
    that were no longer fit for circulate.
    Between 1874 and 1942, the Federal Reserve disposed
    of worn-out currency by soaking it into a pulp.
    Enterprising people, who may have been early recyclers,
    discovered that the pulp could be used like
    papier-mache to form shapes.
    Souvenir companies bought macerated paper by the ton
    and the graded greenbacks were reborn.
    The process was discontinued
    when the Federal Reserve started burning old bills.
    Sometimes, the item was labeled
    with how much money was used to make the piece such as,
    "Made of U.S. National Greenbacks
    redeemed and macerated at the U.S. Treasury, estimated ,000."
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