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US Currency Circa 1923

Warbaby

One Too Many
Messages
1,549
Location
The Wilds of Vancouver Island
Not only were they beautiful examples of the engravers' art (I particularly like the fiver), but were actually worth something in those days. You could exchange your intrinsically valueless paper at any time for silver.
 
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Espee

Practically Family
Messages
548
Location
southern California
And the notes were much larger. Today's standard wallets couldn't hold them. You'd have paper hanging out over the edges.

Cheers!

Dan

There was a cartoon drawing in the later 1920s, showing the old large currency as a matron (think Margaret Dumont) and the new smaller bill as a flapper.
 

LizzieMaine

Bartender
Messages
33,755
Location
Where The Tourists Meet The Sea
The slang term for the old notes was "horseblankets," which is pretty fitting when you see one in person. When the new money came in in 1928, it was called "Phillipines style," because it was patterned after the currency used on the Phillipine islands.
 

Silver Dollar

Practically Family
Messages
613
Location
Louisville, Kentucky
Interesting. I was told that the bigger bills were also called bedsheets by some folks. I can see why they called them horseblankets also. The art work on those old bills are great.
 
Messages
13,466
Location
Orange County, CA
My favorite is the 1899 $5 silver certificate

indian-five-dollar-bill.jpg
 

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