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- Civil War Scrip, "United States Army, 5 Cents in Merchandise," 1861-1865 - Paper currency became necessary when metal coins became scarce during the Civil War. Hoarding of coins by U. S. citizens drove this scarcity and created a need for a paper version of small change. This privately issued five-cent note was redeemable in merchandise but only from George Davidson, a sutler -- a civilian supplier of goods to the army.
- 1861-1865
- Collections - Artifact
Civil War Scrip, "United States Army, 5 Cents in Merchandise," 1861-1865
Paper currency became necessary when metal coins became scarce during the Civil War. Hoarding of coins by U. S. citizens drove this scarcity and created a need for a paper version of small change. This privately issued five-cent note was redeemable in merchandise but only from George Davidson, a sutler -- a civilian supplier of goods to the army.