Money FactMoney Fact: Postage Stamps to the Rescue
Money Fact
Hongbin Jeong tells you a fun money fact that you probably haven't heard of. Discover interesting facts about your money with topics ranging from curr…38 clip(s)
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Did you know that postage stamps were once used as money over in the US?
Well, during the Civil War, there was a shortage of coins.
Paper tickets and bills were often substituted as small change, but the scarcity was so severe, it led the Congress to authorise the issuance of stamps as a temporary “Fractional Currency.”
