How the American Colonists Stitched together a Currency System
If you had a $5 bill that ripped in half because of overuse, what would you
do? If you lived more than 200 years ago in Colonial America, you probably
would have taken a needle and thread and sewn the note back together as best
you could!
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If you had a $5 bill that ripped in half because of overuse, what would you
do? If you lived more than 200 years ago in Colonial America, you probably
would have taken a needle and thread and sewn the note back together as best
you could! Today, these hand-sewn "Betsy Ross" paper notes from Colonial
times are scarce and valuable pieces of American history.
Remember, the Colonial era was not a time that saw floods of currency. Paper
money often fell apart due to overuse. The notes were folded and crammed in
pockets and, after circulating for a while, the notes broke in half and
sometimes in fourths. Besides sewing the notes together, some enterprising
folks backed the crumbling notes with glue made from animal hides. This
method was exceptionally messy and sewing notes back together was the more
popular method of getting the most out of one's money. Talk about making
your money work for you!