Archive for the 'US Civil War' Category

At One Point in Time, up to 50% of US Dollar Bills Were Estimated to be Counterfeit

The year was 1865, and just months earlier the US Civil War had ended with the surrender of the Confederacy. With the war over, the problem of counterfeiting had become rampant, with one third to one half of all American currency judged to be fake. The reasons for this were twofold: first, spending due to […]