Mises Daily
Author:
Clifford F. Thies
Online Publish Date:
With all the recent news about con men operating phony businesses, I was struck by a curious item I came across on eBay. It was a $3 bill from the Salem & Philadelphia Manufacturing Company of New Jersey, dated 1828. It wasn’t the $3 amount of the note that caught my attention, as notes from that period came in many amounts that have long since