Macerated Currency
$5,000 Macerated US Currency "PITCHER" United States
Macerated United States Currency Bank Notes, "PITCHER", With Original U.S. Treasury Printed Tag, "Made of U.S. National Greenbacks redeemed and macerated at the U.S. Treasury. Estimated at $5,000. Made at 18th St., Washington, D.C.", Extremely Fine.
This original example of Macerated Currency measures 3.25" x 2.5" x 4" tall with it's Original Treasury Tag still attached. It reads; "Made of U.S. National Greenbacks redeemed and macerated at the U.S. Treasury. Estimated at $5,000. Made at 18th St., Washington, D.C." This example is formed into a very nice looking Pitcher with handle that looks like you could actually use it to add cream to your coffee! A wonderfully designed display item.
Between the mid 1870s to 1928, worn and mutilated United States Currency Banknotes were returned to the Treasury Department where they were reduced to paper pulp and made into Souvenirs for sale to the public. By the 1890s, the pulp was sold to various contractors such as the National Currency Souvenir Co., where it was used to create souvenir busts of prominent Americans, historical images and replicas of various national monuments.