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The E-Sylum: Volume 25, Number 33, August 14, 2022, Article 19

THE MONEY MUSEUM AT THE CLEVELAND FED

Back in June we discussed the museums at the St. Louis and Chicago Federal Reserve Branches. Michael Kodysz passed along an article about the museum at the Cleveland Fed, but his note was misplaced for a while - sorry! -Editor

Mike writes:

"I don't think most people know that there's a Money Museum in the heart of downtown Cleveland. And it's free!

"I visited several years ago and found it worthwhile, even though many of the displays are geared toward schoolchildren visiting for field trips. One interesting aspect of the museum is that some exhibits show how the money is protected.

Here's an excerpt from the article. The Museum reopened July 18th. -Editor

Cleveland Federal Reserve lobby Money can't buy happiness, but at the Federal Reserve Bank of Cleveland it can educate you.

The interactive and informative all-ages Learning Center and Money Museum, which has been shut down since coronavirus pandemic restrictions took hold in 2020, is reopening its exhibits geared for all ages Monday, July 18. It's really a smart mashup of American history and accessible economics.

The museum, which attracts 10,000 to 12,000 visitors annually, is popular with families, summer campers and walk-in visitors – especially out-of-towners strolling around downtown.

It's a fun museum worth sauntering in to learn about all things currency. A video gives a glimpse into the bank's vault, which is closed to the public.

  Cleveland Federal Reserve Museum exhibit

A timeline of the history of the federal reserve, a breakdown of what the codes mean on a bill, and other educational features are presented.

And, of course, the bank's famed money tree with assorted dollar bills dangling from its branches is a hit with kids, as is a giant dollar bill with George Washington's face cut out – a photo opportunity for visitors. It sits below typographical artwork depicting printed synonyms for money – shinplaster to sawbuck and more.

  Cleveland Federal Reserve Museum money tree2
  Cleveland Federal Reserve Museum money tree

The updated 1923 building is a fortress: Part of the exhibits will show how the building is protected, originally with gun turrets and now bulletproof glass and other modern security measures. Equipment like gas masks and old-fashioned billy clubs also are shown.

Safest building in the city, Finley said.

Bank officials maintain a good relationship with schools, he said. Two levels of educational classroom spaces have been renovated and are technologically up to date. New flooring, light fixtures, carpets, video screens and more have been installed.

Love the money tree! Mike also passed along an article with information about the building itself. -Editor

  Cleveland Federal Reserve building Cleveland Federal Reserve building 2

Mike adds:

"The article discussed the architecture, which is very elaborate, and includes several historical images. I like this quote: "All in all, the building—inside and outside—seems to say "Not only is your money safe but it's living better than you are.'"

To read the complete articles, see:
After hiatus, Federal Reserve Bank's Money Museum re-opens Monday, July 18 (photos) (https://www.cleveland.com/entertainment/2022/07/after-hiatus-federal-reserve-banks-money-museum-re-opens-monday-july-18.html)
Federal Reserve Bank of Cleveland (https://clevelandhistorical.org/items/show/310)

To read the earlier E-Sylum articles, see:
THE ECONOMY MUSEUM AT THE ST. LOUIS FED (https://www.coinbooks.org/v25/esylum_v25n24a16.html)
THE MONEY MUSEUM AT THE CHICAGO FED (https://www.coinbooks.org/v25/esylum_v25n24a17.html)

Fricke E-Sylum ad03 Obsolete Paper



Wayne Homren, Editor

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