The Emperor of the United States: Norton I

Discussion in 'Paper Money' started by CoinBreaux, Jun 2, 2017.

  1. CoinBreaux

    CoinBreaux Well-Known Member

    The story of Emperor Norton I was on Mysteries at the Museum yesterday. He was a wealthy man who tried to corner the rice market in San Fransico in the mid 1800's. He failed and left San Fransico, but two years later he came back and declared himself emperor of the United States. Everyone just went along with it and he was allowed to eat for free at some restaurants and would often inspect the city. When he died, over 30,000 people attended his funeral. While "in office" he created currency and bonds that the citizens of San Fransico used. It's a very charming story and PCGS Currency has graded some of the bills and bonds issued, which are now collectibles.
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    You can read about his currency and his life here: https://www.pcgscurrency.com/emperor_norton.html
     
    Last edited: Jun 2, 2017
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  3. SteveInTampa

    SteveInTampa Always Learning

    I'm guessing there may be more remainders then signed notes, but very interesting (and long) article in your link. Thanks for sharing.
     
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  4. Dean 295

    Dean 295 D.O.M.

    I think S.P.M.C magazine ran an article way back when.
     
  5. scottishmoney

    scottishmoney Buh bye

    I can remember in the mid to late 1980s the 50c notes were selling in the $500-600 range. Now they are priced about 10X those prices. As far as I know the 50c notes were the only ones he "issued" - essentially he had them printed and spent them freely and people accepted them for food etc.
     
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