Definição

• A popular name originally applied to the depreciated Continental Currency after the War of the Revolution. It was revived about 1837 to designate the small notes for the fractional part of a Dollar issued by private bankers during the financial stress of that period. Finally, the same name was given to the Fractional Currency which appeared in 1862 when speeie payments were suspended.

Fonte

• Frey's Dictionary (American Journal of Numismatics, Vol. 50, 1916)

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