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  2. Banknote - Wikipedia

    en.wikipedia.org/wiki/Banknote

    The ease with which paper money can be created, by both legitimate authorities and counterfeiters, has led to a temptation in times of crisis such as war or revolution, or merely a spendthrift government, to produce paper money which was not supported by precious metal or other goods; this often led to hyperinflation and a loss of faith in the ...

  3. Banknotes of the United States dollar - Wikipedia

    en.wikipedia.org/wiki/Banknotes_of_the_United...

    Demand Notes are considered the first paper money issued by the United States whose main purpose was to circulate. They were made because of a coin shortage as people hoarded their coins during the American Civil War and were issued in denominations of $5, $10 and $20. They were redeemable in coin. They were replaced by United States Notes in 1862.

  4. History of money - Wikipedia

    en.wikipedia.org/wiki/History_of_money

    The Marteau Early 18th-Century Currency Converter A Platform of Research in Economic History. Historical Currency Conversion Page by Harold Marcuse. Focuses on converting German marks to US dollars since 1871 and inflating them to values today, but has much additional information on the history of currency exchange. Gold in US Geological Survey

  5. Early American currency - Wikipedia

    en.wikipedia.org/wiki/Early_American_currency

    Early American currency went through several stages of development during the colonial and post-Revolutionary history of the United States. John Hull was authorized by the Massachusetts legislature to make the earliest coinage of the colony (the willow, the oak, and the pine tree shilling ) in 1652.

  6. United States Note - Wikipedia

    en.wikipedia.org/wiki/United_States_Note

    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.

  7. Paper Money Value by Serial Numbers: Determine Your ... - AOL

    www.aol.com/finance/paper-money-value-serial...

    The lower the serial number, the more valuable the currency is considered to be; a bill with the serial number 00000001 could be worth $15,000, according to SavingAdvice.com. 2. High Number

  8. Greenback (1860s money) - Wikipedia

    en.wikipedia.org/wiki/Greenback_(1860s_money)

    Before the Civil War, the United States used gold and silver coins as its official currency. Paper currency in the form of banknotes was issued by privately owned banks, the notes being redeemable for specie at the bank's office. Such notes had value only if the bank could be counted on to redeem them; if a bank failed, its notes became worthless.

  9. Could a one world currency work?

    www.aol.com/finance/could-one-world-currency...

    Fast-forward to 1999, when Europe launched perhaps the most ambitious currency experiment in modern history. Several nations retired their traditional money — goodbye German mark, farewell ...