History in Your Pocket
The History in Your Pocket program was developed to teach American history as it is presented on our coins and paper money.
Money is and always will be history you can hold in your hand. Money is also how governments and rulers tell history and glorify religion or heroes or themselves and put into words on media that reaches every member of the target group, ideals and or goals of the government. Money reflects changes in history that affects the lives of a group of people as well as the big picture. Each new Emperor of Rome had his own likeness on coins and most kings and Queens and dictators have also. The United States has never had a living person on a coin and after the 1860’s never had a living person depicted on currency ether. In war invaders strike new coins or print new money for the conquered people to use like the Japanese and Germans in the 30’s and 40’s. Sometimes the resistance printed money just to prove they were still alive and fighting as in the Philippines in the 1940’s. In civil wars it seems important that you issue postage stamps and money to be used in the part of the country you are holding. Russia in the 1920’s has many examples of this, as well as our own civil war.
In 1861 the United States of America had to demonetize all current postage stamps and issue new ones to prevent the Confederate States of America from using the millions of dollars of stamps in post offices across the south as hard currency. The confederacy did not issue coins (though they did have them designed) but they did issue lots and lots of paper money. Also each state in the Confederacy issued its very own paper money. The Union encouraged counterfeiters of Confederate money so as to help flood the enemy with bad paper to the point that plantation owners would only accept gold in payment for cotton by the blockade runners. The inflation that resulted from all this paper flooding the new country’s economy was devastating. The Union had its problems too. By 1862 the government was issuing paper money for the fist time. The instability was so great that people of the north were hording real money (gold, silver, and copper).
This beautiful coin hade to have the design changed it’s first year of issue.
What event in American history forced the need for this coin??
Have you seen this beautiful note?
Who is the man on this Confederate note?
Do you know the story behind this coin?
What is significant about this One Dollar Bill?
Are You Familiar with the phrase “Not worth a continental”?
Why was there a need for a 20 cent coin?
What do you know about the Confederates States of America
Who is the Man on this Coin and what did He Do?