National Numismatic Collection - Online Exhibitions
Where Money and History Meet
Learn more about the National Numismatic Collection (NNC) through online exhibitions about topics such as: Byzantium; the coinage of Spain; he Double Eagle; life in Ancient Greece; the Coins of the Demareteion Master; outstanding U.S. rarities; Russian coins and medals; Native Americans, women, and African–Americans on early United States bank notes; and the evolution of American money.
Legendary Coins & Currency
This exhibition explores rare and historically significant artifacts from the National Numismatic Collection—more than half of which have never been on view, or not for many years. Coins, bills, medals, and captivating oddities—such as pattern designs, fake coins, and homemade clam shell money from the Great Depression—are on display.
"National Numismatic Collection - Online Exhibitions" showing 2 items.
United States, 2 Dollars, 1776
- Description
- By the time they broke with England, the thirteen American colonies had been issuing paper currency for nearly a century. Both they and the loose central government they set up under the Articles of Confederation to oversee matters of common concern would continue to do so throughout the War of Independence. The "national" paper went by the name of "Continental Currency." As its name suggests, it was issued by the Continental Congress.
- The paper on which it was printed was of very high quality but was also very soft. Because the notes were often folded horizontally, they often developed top-to-bottom breaks at midpoint. Left to themselves, the two halves would eventually part company. Whether anyone would take just half a note in payment was unclear. That uncertainty led people to adopt all kinds of stratagems to keep notes intact or repair those that had torn apart.
- But there was more to it than that. To many, this new money symbolized a new nation-it had to be repaired, kept afloat. Because if it were not, what would that say about the aspiring nation that had issued it? Various methods were devised to do the job. In the case of this two-dollar bill, someone expert with a needle and thread-perhaps a housewife, or a sailor-carefully sewed the two halves back together. That effort has now survived for more than two centuries.
- Continental currency was printed by Benjamin Franklin's successors, Hall & Sellers. Franklin also suggested inspiring vignettes and mottoes for the notes. The face of the two-dollar bill bears an image of grain being flailed (separated from the chaff), with the motto, TRIBULATIO DITAT (Troubles make us stronger).
- Date made
- 1776
- maker
- Continental Congress
- ID Number
- NU*287114.034
- catalog number
- 287114.034
- accession number
- 287114
- catalog number
- 69.217.34
- Data Source
- National Museum of American History, Kenneth E. Behring Center
United States, 30 Dollars, 1776
- Description
- The thirty-dollar note was the highest denomination issued during the first three years or so of Continental Currency. We might wonder why the authorities issued such an odd denomination. The answer is that what seems odd to us seemed perfectly logical to them.
- The thirty-dollar bills-and threes, fours, sixes, and eights, as well as bills worth a sixth, or a third, or two-thirds of a dollar-were put into circulation for two reasons. First, some of them were conscious substitutes for coins of the same value. And second, they were there to make change: if all you have in circulation is paper currency, you had better give the public the money it needs.
- So if a merchant got an eight-dollar Continental note in payment for a five-dollar object, he could give the customer a three in return. This situation in fact lasted through the mid-1860s. Notes in today's familiar denominations are a recent phenomenon.
- The image on the face of the note speaks to the advantages of righteous dealing (appropriate for a commercial object such as this note). The images on the back present two views on the reasons for the war against England. The left one (VI CONCITATAE) suggests that the colonies were forced into the conflict, while the one on the right (CESSANTE VENTO CONQUIESCEMUS) promises that they would rest and revive after it was over.
- Continental currency often split in half because it was frequently folded. This bill was sewn back together to repair it.
- Date made
- 1776
- maker
- Continental Congress
- ID Number
- NU*287114.054
- catalog number
- 69.217.54
- 287114.054
- accession number
- 287114
- Data Source
- National Museum of American History, Kenneth E. Behring Center