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<p>[QUOTE=&quot;doug444, post: 2633163, member: 38849&quot;]During the American revolution, paper money was much smaller, about the size of playing cards.&nbsp; I am guessing that large bills began with the obsoletes of 1810-1820, and by the Civil War, were well-established in thousands of varieties (obsoletes).&nbsp; The first Federal issues (1861?) adopted this norm, which was widely followed.</p><p><br /></p><p>The 1850s were chaotic, as there were over 25,000 kinds of paper money circulating in this country, many counterfeit, or far from their original point of issue.</p><p><br /></p><p>The Southern state and municipality issues were all over the place, but most smaller than today&#039;s currency.&nbsp; My guess would be that was to save money for paper and especially ink.&nbsp; To this day, I&#039;m sorry I didn&#039;t start on the wonderful U.S. bills from about 1880 to 1929.&nbsp; They were not cheap, however, comparatively speaking, even 50-60 years ago.</p><p><br /></p><p>Remember that during the Civil War, paper money was highly suspect, and the first issue of Greenbacks was not popular; people much preferred gold and silver, which circulated regularly, just like in Europe.&nbsp; Paper money was &quot;expedient,&quot; to help pay for the immediate needs of the Civil War.</p><p><br /></p><p>I remember my dad telling me that the first time his weekly paycheck was over $10, about 1925, he stopped at the bank and got a $10 gold piece, just so he could show it to all the skeptical relatives.</p><p><br /></p><p>============</p><p>Happened to think, the lower denominations of MPCs were small.&nbsp; (Was that true for Korea and Vietnam, or just through the end of WW2?)[/QUOTE]</p><p><br /></p>

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