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The note had been preserved in uncirculated condition and was auctioned off on eBay for US$10,100 in 2003. On January 6, 2006, the note was auctioned for US$25,300 by Heritage Auctions of Dallas, Texas. [3] [4] The note was certified by Paper Money Guaranty in 2020. [5]
Some of the ill-effects that counterfeit money has on society include [3] [4] a reduction in the value of real money; an increase in prices as a result of an increase in money being circulated in the economy—an unauthorized artificial increase in the money supply; a decrease in the acceptability of paper money; and losses, when traders are ...
The first book to achieve a sale price of greater than $1 million was a copy of the Gutenberg Bible which sold for $2.4 million in 1978. The most copies of a single book sold for a price over $1 million is John James Audubon 's The Birds of America (1827–1838), which is represented by eight different copies in this list.
"To Counterfeit is Death" - counterfeit warning printed on the reverse of a 4 shilling Colonial currency in 1776 from Delaware Colony American 18th–19th century iron counterfeit coin mold for making fake Spanish milled dollars and U.S. half dollars Anti-counterfeiting features on a series 1993 U.S. $20 bill The security strip of a U.S. $20 bill glows under black light as a safeguard against ...
Shinplaster was paper money of low denomination, typically less than one dollar, circulating widely in the economies of the 19th century where there was a shortage of circulating coinage. [clarification needed] The shortage of circulating coins was primarily due to the intrinsic value of metal rising above the value of the coin itself. People ...
Unlike most printing and writing paper, banknote paper is infused with polyvinyl alcohol or gelatin, instead of water, to give it extra strength. Early Chinese banknotes were printed on paper made of mulberry bark. Mitsumata (Edgeworthia chrysantha) and other fibers are used in Japanese banknote paper [10] (a kind of Washi).
Eric Pfeiffer Newman (May 25, 1911 – November 15, 2017) was an American numismatist. [1] [2] [3] He wrote several "works about early American coins and paper money considered the standards on their subjects", as well as hundreds of articles. [4]
A United States Note, also known as a Legal Tender Note, is a type of paper money that was issued from 1862 to 1971 in the United States. Having been current for 109 years, they were issued for longer than any other form of U.S. paper money other than the currently issued Federal Reserve Note .
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