estimated ,000 macerated paper money Washington Monument Macerated Currency=

Description

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Washington Monument Macerated Currency Pre-1908.
An estimated ,000 in macerated paper money
was used in making this approximate 5.75-inches-tall
Washington Monument.
The label is 100% complete on the bottom of the base.
The dark color indicates a pre-1908 macerated currency item.
This example also has the added feature
of a small thermometer made in Germany attached to the side.
The thermometer is not in working order.
Washington Monument Macerated Currency PRE-1908.
This Washington Monument is 5.75 inches tall.
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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