chelsie, george, & eric. developed during the civil war by benjamin franklin made to pay for war...

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Not for the money but to undermine revolutionary war effort (tactic) British began to counterfeit in 1776, selling bills for pennies and pawning them off Weren’t as credible and eventually depreciated American now had no trust in their currency o Constitution was a result  Forbade states from issuing money  Permitted the federal gov’t

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Chelsie, George, & Eric Developed during the Civil War by Benjamin Franklin Made to pay for war costs Franklins head was not on the bill He used a mysterious ant counterfeiting device had had created several years prior. Nature Print o Plaster cast of the surface of a leaf o Casted a lead plate to print Not for the money but to undermine revolutionary war effort (tactic) British began to counterfeit in 1776, selling bills for pennies and pawning them off Werent as credible and eventually depreciated American now had no trust in their currency o Constitution was a result Forbade states from issuing money Permitted the federal govt Banks began to issue money. o Everyone and everything were printed on the bills Ex. Greek/Roman Gods, Slaves, scenes of everyday life, Matsuda Hard to know what was/was not real Opening decades of the 19 th century became known as the Golden Age of Counterfeiting Banks fought back o Created anti-counterfeiting notes (Bills) Watermarks, special inks In 1857 a new green ink came out to make the bills green Green backs No more black bills, to easy to photocopy o Contained text spelling out penalties for counterfeiting 15 yearss imprisonment and hard labor $1000 fine Both Secret Service was supposed to crack down on the penalties but never did William Chaloner, who claimed to have reproduced 30,000 (the equivalent of about $7 million today) and was hanged in Portuguese bank-note crisis of 1925 o Claimed that he represented the Bank of Portugal and printed the equivalent of about $125 million dollars. Got by unnoticed for a year! Stalin lead his intelligence service to counterfeit the dollar out of disparity for a hard currency. o Did not match the U.S. bill o Series of arrest in Berlin and the whole scheme collapsed Hitler manufactured imitations in a concentration camp during WWII. However the project collapsed at the end of the war. Purple strip: coated with microscopic lenses in the shape of 100 and what seems to be the Liberty Bell Motion: created by Crane, this color shifting ink makes it look like the image can move. (even in dim lighting) Ghostly image of a quill pen Microprinting