Santa Cash

I found this story on Futility Closet's blog here.

2012-10-04-stocking-money

"The U.S. government did not issue paper money until 1861. Until then, private banks printed their own currency under charters to the states.

"As a result, this $5 bill featuring Santa Claus [in the middle illustration] was legal tender in the 1850s. It was issued by the Howard Banking Company of Boston.

"A number of banks issued Santa-themed money in the same period — the most natural being the St. Nicholas Bank of New York City."

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