Let's talk about the very first U.S. $1 banknote! At a time when the Union government was struggling to raise financing in the wake of decreased tax revenues from the South and the Panic of 1857, they realized that a possible solution was to just print their own legal tender notes and force people to accept them (accept for banks, which were treated much better relatively). There's a lot more information provided in the video, and hopefully this will answer questions and give you a good understanding of what we started with for our $1 dollar bills in the United States!
Social Media Links (Website, Instagram, Facebook, Twitter, More):
Active Affiliate Links – Purchase Items Through Them To Support Treasure Town:
Links to Sources I Use:
All materials in these videos are used for educational purposes to inform and build community around coins, and fall within the guidelines of fair use. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the "about" page on my channel.