$150.00
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Item Code: 1202-145
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Souvenirs molded from macerated U.S. currency were popular among tourists in Washington, D.C., from about 1875 into the 1920s. This is a miniature Washington Monument showing lots of tiny flecks of green and remnants of a label on the bottom showing only part of “Washington,” but which would have read something like “Made of U.S. National Greenbacks redeemed and macerated at the U.S. Treasury” or “by the U.S. government,” “at Washington, D.C., along with an estimate of the value of the currency destroyed to make the pulp from which it was molded.
Instead of burning old currency taken out of circulation, which still left some fragments floating around that might be found and redeemed, the government switched to maceration in 1874, which ground it while wet into pulp. The prospect of seeing many thousands of dollars destroyed was a novelty and the resulting pulp itself, containing small bits of paper and traces of ink, became the medium for molded souvenirs for sale to tourists of the Capital, with several producers creating portrait busts of notables, patriotic Lincoln or Uncle Sam top hats, miniature buildings like the Washington Monument, but also a wide variety of knickknacks like small animals, shoes, etc. They remained for sale in souvenir shops well into the 1920s, but lost a lot of appeal after 1908 when the government added chemicals to the pulp, destroying the bits of color, though a few entrepreneurs then added their own bits of paper.
This version of the monument has developed a disturbing bend over the years, but is lucky to have survived at all. [sr][ph:m]
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