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Flying cash (Chinese: 飛錢), or Feiqian, was a type of paper negotiable instrument used during China's Song dynasty invented by merchants but adopted by the state. Its name came from their ability to transfer cash across vast distances without physically transporting it. [1]
With the advent of small-size banknotes came significant design changes for all types of paper currency including National Bank Notes. As a result of the changes, each denomination now had the same portrait and, except for minor variations, the same decorative features that would characterize all types of United States currency from the late ...
Currency specifically created to look like genuine currency with the intent to defraud. Currency Legal tender referring usually to paper money, but can be applied to coins and notes. Decimalization A process of changing the ratio between the main and the subunit of a currency to an integral power of 10. This is not to be confused with ...
Paper currency grading is the process of determining the grade or condition of a bank note, one of the key factors in determining its collectible value. A banknotes ...
In 1994, the United States Court of Appeals, Ninth Circuit, held in the case of United States of America v. U.S. Currency, $30,060.00 (39 F.3d 1039 63 USLW 2351, No. 92-55919) that the widespread presence of illegal substances on paper currency in the Los Angeles area created a situation where the reaction of a drug-sniffing dog would not ...
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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Notes of the Bank of Singapore, Michigan. Wildcat banking was the issuance of paper currency in the United States by poorly capitalized state-chartered banks.These wildcat banks existed alongside more stable state banks during the Free Banking Era from 1836 to 1865, when the country had no national banking system.