The Numismatic Bibliomania Society

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V19 2016 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 19, Number 29, July 17, 2016, Article 18

MACERATED CURRENCY SCULPTURES

Regarding the article about novelty company Archie McPhee's problems reselling macerated currency, Tony Terranova writes:

What they should have done was make papier mache, or paste out of it and get some decorative moulds and sculpt stuff.

Indeed. There are many earlier examples of this art form. Here are some from an article about macerated money souvenir landmarks of Washington, D.C. -Editor

Macerated-money-model-of-the-U.S.-Capitol-currency-bills-money Macerated-money-model-of-the-washington-mounument-currency-bills-money

Souvenir buildings have been produced in a variety of materials. One of the most unusual has to be macerated money. Because it's the home of the U.S. Treasury, Washington, D.C. Landmarks are primarily represented. The Washington Monument, Lincoln Memorial, U.S. Capital, and the White House have all been molded from worn-out currency that has been chopped up. Other items made of shredded bills include postcards, shoes, medallions, axes, presidential busts, top hats, and more.

Paper currency did not come into general use until the Civil War. An act of Congress in 1862 authorized the Treasury Department to come up with a method for destroying old paper notes that were no longer fit for circulate. Between 1874 and 1942, the Federal Reserve disposed of worn-out currency by soaking it into a pulp. Enterprising people, who may have been early recyclers, discovered that the pulp could be used like papier-mache to form shapes. Souvenir companies bought macerated paper by the ton and the graded greenbacks were reborn. The process was discontinued when the Federal Reserve started burning old bills. Sometimes, the item was labeled with how much money was used to make the piece such as, "Made of U.S. National Greenbacks redeemed and macerated at the U.S. Treasury, estimated $5,000."

Macerated-Paper-Money-Model-lincoln-memorial-washington-made-from-macerated-paper-money-U.S.-currency Macerated-Paper-Money-The-White-House--Model-of-the-White-House-made-from-macerated-paper-money-U.S.-currency

To read the complete article, see:
Macerated Money Souvenirs Landmarks of Washington (www.buildingcollector.com/2014/07/macerated-money-souvenirs-landmarks-of.html)

For examples of medals made from macerated currency, look no further than the Mini Fixed Price List of Tokens and Medals #127 from dealer Joe Levine, published on July 11, 2016. -Editor

GEORGE WASHINGTON MACERATED MONEY MEDAL

GEORGE WASHINGTON MACERATED MONEY MEDAL, ND. 91.6mm. VF/XF with surface abrasions and a few edge dents, as shown. Obv: Bust of Washington to partial left. A scroll is inscribed to either side: FIRST IN WAR, FIRST IN/PEACE, AND FIRST IN THE HEARTS OF/ HIS COUNTRYMEN. The reverse bears the following inscription in the intaglio portion of the bust: "NATIONAL CURRENCY SOUVENIR CO. WASHINGTON, D.C." and "MADE OF MONEY DESTROYED BY U.,S. TREASURY ESTIAMTED $3000." $95.00

LARGE MACERATED MONEY BUST OF ABRAHAM LINCOLN AN EXTREMELY LARGE MACERATED MONEY BUST OF ABRAHAM LINCOLN. 5 1⁄4" High. Base 5 3⁄4 x 3" . XF (The very white area on the nose is a scanning defect – it does not appear that way in hand.) Here is a bearded bust of President Lincoln - one of the largest pieces of macerated money art we have ever seen. The original paper label on the back is present but the inscription on it is no longer visible. $225.00

To read the earlier E-Sylum article, see:
PROBLEMS WITH RESELLING MACERATED CURRENCY (www.coinbooks.org/esylum_v19n28a35.html)

Stacks-Bowers E-Sylum ad 2016-07-17 ANA sale


Wayne Homren, Editor

Google
 
NBS (coinbooks.org) Web

The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V19 2016 INDEX       E-SYLUM ARCHIVE

Copyright © 1998 - 2020 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.

NBS Home Page
Contact the NBS webmaster
coin