Yesterday is already a dream. I opened up one of those lower-line Marshall cabinets once, and the speakers did have "Celestion" stickers on their . This paper money continued the tradition of using green inks, thus retaining the nickname "greenback." Greenback Meaning. Copyright information is provided with these specific items. 6233 Garfield Ave. Sacramento, CA 95841. Supper. Published ny E. B. Clayton's sons, printers and stationers, No. Printed here for the first time from the recently acquired original letter for a few friends and clients by the American Autograph shop. The term originated during the mid-1860s, when these notes were printed in green ink. Printed Ephemera Collection; Portfolio 125, Folder 1. [Photograph]. Baltimore. Why was the Greenback a negative term in the 1800s? It didnt help that the British, salty over their defeat in the New World, began to counterfeit Continentals and use them to pay for goods from the United States. New York, American Abstract Artists, April 15, 1940. The Greenback Question As one means of financing the cost of fighting the Civil War, the federal (Union) government in 1862 began printing Legal Tender notes. Get rewarded every time you spend, save or manage your money well Redeem your Greenbacks easily or withdraw them as cash at any ATM A poor condition $10,000 may still be worth $30,000. El mensaje del Tirano. 5 When was the first greenback dollar bill made? Washington, D. C. January, 1939. Song of Consul Hawthorne. Greenback is a slang term for U.S. dollars. [Arcadia, Calif.] Raccoon Press, c1964. The reverse of the notes were printed with green ink, and were thus called greenbacks by the public, being considered equivalent to the Demand Notes already known as such. I asked her. The original greenback fiat currency was born during the United States Civil War period in the 1860s. Tomorrow is only a vision from the Sanskrit. All the Greenbacks you earn will be loaded onto your free Nedbank Greenbacks SHOP Card. Paper currency in the form of banknotes was issued by privately-owned banks, the notes being redeemable for specie at the bank's office. What was the value of the Greenback during the Civil War? a slogan for civilization by John Judson Hamilton. Term. [Columbus, Ohio, The Tauser Head Press, 1965]. Author and publisher. New York. [s. 1., s. n.] 1936?. In the marketplace the buying and selling could be chaotic. [A placard containing two poems in tribute to the Hon. The brain trust Lewis McKenzie Turner. By Ralph M. Easley Chairman Executive Council, The National Civic Federation. Tower, August 1, 1931. Prepared for Edward Lee McClain by Charles Arthur Hoppin Greenfield Ohio: Privately printed 1932. In all cases, responsibility for making an independent legal assessment of an item and securing any necessary permissions ultimately rests with persons desiring to use the item. The problem is it can't handle single bass notes on the low E and A especially from the 5th to. John S. Mayfield. 1934]. [4] It continued to operate during the presidential transition on private bank loans at rates up to 12 percent, with some banks asking as much as 36. The dangerous age H. C. Apgar. Saturday October twentieth one thousand nine hundred and thirty-four. Lightly circulated notes are going to be between $500 and $750. Members earn points on qualifying card expenses. The government backed this currency and stated that it could be used to pay back public and private debts. Hop, skip, and jump. Maryland Salt House press [1936]. 22 January 1973. Washington, D. C. Conlon press 1929]. C. privately issued currency used by the Union during the Civil War. The charity Grenada relief fund has become so powerful that it could pay off the damages for a storm catastrophe. The greenback today is the Federal Reserve Note, the paper How many greenbacks do you get with Nedbank credit card? The recollections of a small boy by Charles E. Fairman. We use cookies to ensure that we give you the best experience on our website. National commander, The American legion. The greenback was a negative term because they did not have secure financial backing authority and banks were reluctant to give customers the full value of the dollar. To the national library Cecil and James Johnson. (ICEBOUND EXCURSIONS): http://bit.ly/303pilHCANALTA SELKIRK (Hotel): http://bit.ly/2MXw1rTIt's been one incredible year with Sam! Timothy has helped provide CEOs and CFOs with deep-dive analytics, providing beautiful stories behind the numbers, graphs, and financial models. However, despite the government backing, they were not exchangeable for gold or silver. The United States Notes were issued by the United States to pay for labor and goods. September 3, 1777: The American flag is first raised | History 101, May 13, 1607: English colonists arrive in Jamestown| History 101. NFL Green Bay Packers Add Topic Green Bay Packers fans are brave for weathering the cold. The Treasury authorized issue of $150 million of legal-tender notes on February 28, 1862 for payment of all debts public and private. Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. The United States Notes were issued by the United States to pay for labor and goods. H.W. There was the sound Eulogy delivered at the bier of John Fitzgerald Kennedy in rotunda of the Capitol by the Honorable Mike Mansfield, Senator from Montana, November 24, 1963. Norman T. A. Munder 1936. 48, San Francisco, Calif,. Maryland Salt House Press [1937?]. Stylized flowers of Ephrata. RENT A SNOBEAR! DXY | A complete U.S. Dollar Index (DXY) index overview by MarketWatch. [1947]. Baltimore, Maryland. The term "greenback" is a slang word for the United States Federal Reserve Note, commonly referred to as the US Dollar (USD). To remedy this situation, they enforced a series of Currency Acts which limited the amount of money printed in the colonies, and what it could be used for. Maryland. Detroit, Michigan : Broadside Press, 1966. We use cookies to ensure that we give you the best experience on our website. How much are the greenbacks worth for example a 1000 greenbacks is equal to what in rand value? Fitzgerald listed possible titles and selections on the back of the menu. Berkeley, Calif. 1934. GreenBacks has no change in the last 24 hours. Sonnet to Spenser. Get access to exclusive partner deals, coupons, discounts, vouchers and entries into competitions on the Greenbacks app. James Chen, CMT is an expert trader, investment adviser, and global market strategist. Legal Tender "greenbacks" were not backed by coin until Republican president Rutherford B. Hayes backed the 1875 Specie Resumption Act in 1875. Arcadia, Calif., Raccoon Press, c1964. Some Americans were furious with the decision, and they formed the Greenback Labor Party, which called for a return to the issue of greenbacks and the regulation of certain corporations such as privately owned banks whom they feared would redefine the value of currency. In 1862, the greenback declined against gold until by December, gold had become at a 29% premium. 157 Pearl S 2nd copy, Gift from Miss Eleanore Bruno, 1943. ca. Oct. 16, 1930. The lower the serial number, the more valuable the currency is considered to be; a bill with the serial number 00000001 could . The government could either print its own money or go into deep perpetual debt to foreign creditors. To the American people: from the National committee on the tenth anniversary of the League of nations. The live GreenBacks price today is $0.000147 USD with a 24-hour trading volume of not available. So far trust is relatively dear: only about $6,000 worth of Greenbacks are in use, but Seeman hopes to catch up with a neighborhood in upstate New York that since 1991 has used its own scrip:. You could use paper, Greenbacks, or from 1863 a new federal currency, National Bank Notes, to buy government bonds and the interest would be paid in gold. If you continue to use this site we will assume that you are happy with it. What was the reverse side of the Greenback called? Wednesday I got two of them mounted in my 1960A Vintage cab, in an X pattern with two G12H-30 Anniversaries. The value of this money was based on the amount of silver that the fledgling US Treasury had in its possession. 85, 86. [Worcester, Mass.] What is the oldest dollar bill in the world? 1960AX 100-watt 4x12" Angled Extension Cabinet with Greenbacks. 1930]. [5] Salmon P. Chase, as the Treasury secretary of the incoming Lincoln administration, found the banks more receptive but struggled to keep enough coins in the Treasury to meet expenditures. Free shipping on many items | Browse your favorite brands | affordable prices. [Letter, 12 September 1967. B. commodity money used by the Union during the Civil War. San Francisco, 1928. Unicorn folio, series 1, no. During a cabinet meeting, there was some discussion of adding it to the U.S. Notes as well. The less you are taught and the more you think the greater you will be. These were nominally payable in silver, but rapidly depreciated due to British counterfeiting and the Continental Congress's difficulty in collecting money from the states. Bythe end of the war.close to 5450 million worth of greenbacks were in circulation The greenbacks were originally intended to be a temporary emergenty-firaniting treasure Almost bankrupt. Salt House Press. Duke University centennial celebration Trinity College- Duke University 1838-1839-1938-1939. [6], The first measure to finance the war occurred in July 1861, when Congress authorized $50,000,000 in Demand Notes. Sons of Washington William Kimberley Palmer. N. J. Lesson [translated by] Teo Savory. The southern secession movement worsened the situation, as the government lost substantial tax revenue. Rockford, Illinois. Get the best deals on S&H Green Stamp when you shop the largest online selection at eBay.com. A literal translation of the Ephrata Christmas greeting [of 1769]; Math: I. To Albert Bender, Saint Patrick's Night, 1934 [n.p., 1934]. To which is added A new declaration of independence for the emancipation of independent voters and the elimination of political conspiracy and usurpation by Lewis McKenzie Turner. Where to and how to go New York Zamkin Press. Another important consequence of Lincoln's term was the creation of a new, quasi-centralized, fractional reserve banking system. Congressional dictionary words, phrases and veiled allusions for use in effective lobbying together with methods of approach and convayancing for spontaneous legislation by Avery Quercus [pseud] [blank] Baltimore. The presumption is that money is in the bank and is transferred to someone by means of writing a check. what's up with this? [The word "blurb" had its origin in the exploitation of this book [194]. Reprint from the American legion magazine, February 1944. The government backed this currency and stated that it could be used to pay back public and private debts. In February of 1862, the Legal Tender Act saw the government issue paper notes, which would eventually become the official currency of the U.S. as demand notes were phased out. By Dr. Archibald Henderson. By war's end about $450 million was in circulation. The government backed this currency and stated that it could be used to pay back public and private debts. Baseball's most devoted fan Dr. James Penniman, of Philadelphia, has two hobbies - to collect and give away libraries and to watch ball games By Harry Robert. Common names for the USD include the greenback, buck, green, dough, smacker, bones, dead presidents, scrillas, and paper. ", Geneva Historical Society. In the mid-1800s, the Continental Congress did not have taxing authority. 7 Why was the Greenback a negative term in the 1800s? ", American Numismatic Society. The great seal of the United States. Philadelphia. Register at the greenpoints website. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. [A broadside picturing Leon Plante and the churn in which he lives, accompanied by explanatory matter] [Roseau, Minn. Uncle Sam "Padlocked" How much longer will the American people permit this outrageous and dangerous situation to exist? However, after the Union victory at Gettysburg, the greenback recovered to 131 dollars to 100 in gold. They were legal tender by law, but were not backed by gold or silver, only the credibility of the U.S. government. During the US Civil War, the debate over the greenback and the gold standard came to a head when the United States government struggled to pay debts acquired from union military operations. [1937?]. [1940]. [The Goucher College broadsides. Beat up Silver certs from 1899 (AKA Black Eagle Bills) are typically worth $30 to $50, while pristine uncirculated examples will fetch over $200 at times. Economic History Association. Nedbank Greenbacks is a banking reward program offered by Nedbank for R27.00 per month. The millionth book. Selected Answer: A. paper currency used by the Confederacy during the Civil War. August 1937. Copyright 1937, the American Autograph Shop, Ridley Park, PA. You can learn more about the standards we follow in producing accurate, unbiased content in our. After the Civil War, creditors were still clamoring for coin-backed currency, and the United States returned to the gold standard in 1879. Signature to petition on Ten pound Island asked of me by Mr. Vincent Ferrini. A compromise was reached in which $356 million worth of greenbacks would remain in circulation. Century 16 Greenback Lane and XD. 3 What is the oldest dollar bill in the world? The United States Dollar was born with the successful implementation of the Coinage Act of 1792. View stock market news, stock market data and trading information. higher. In other words, the purchasing power of $100 in 1962 equals $992.47 today. McKeesport, Pa., Wivagg Printing Company [1963]. Baker Memorial Library 1928-1953. 4. On this Wikipedia the language links are at the top of the page across from the article title. [Berkeley, Calif.] Printed for Oyez by The Auerhahn Press in San Francisco, c1964. [1929?]. An anti-political demonstration in the interest of good government. Some confusion ensued as the coin-backed Demand Notes clashed with the new greenbacks on the national market. Because they were not. The number of Demand Notes issued was far insufficient to meet the war expenses of the government but even so was not supportable. April 27 (Reuters) - With inflation running at its highest levels in four decades, Utah business owner Steve Allred is concerned about the declining purchasing power of the U.S. dollar. The history of the greenback came full circle when Republican president Richard Nixon abandoned the gold standard in 1971 by preventing foreign countries from trading gold for United States dollars. Good neighbors. Initially they were discounted relative to gold, but being fully redeemable in gold were soon at par. Since the backside of this paper money is inked in green color, it got the name greenback. When Did the U.S. Start Using Paper Money? Yatman, John V. Currency table, showing the value of a "greenback" dollar note, in specie, from par to 200 per cent, advancing by 1-8ths. They blacklisted people who tried to use them at face value. Greenbacks will have no value and will expire. New York City, R. C. A. And though most of us. Civic auditorium, San Francisco, The Miracle, Dec. 27, 1926---Jan. 15, 1927. However, the earnings are tiered, explains a Nedbank in-branch consultant, Greenbacks are accumulated for every R10 spent through card swipes. Bulletin No. As photographic technology of the day could not reproduce color, it was decided the back of the bills would be printed in a color other than black. [Lexington, Ky.] 1963. Computed by John V. Yatman, New York. [Pdf] Retrieved from the Library of Congress, https://www.loc.gov/item/rbpe.12500100/. Report to the board of trustees of the Human betterment foundation for the year ending February 8, 1938. Christmas 1942. Basing the US currency on the gold standard, rather than the silver standard, allowed the young nation to enter into international financial endeavors. The $500 and $1,000 bills are more common, and as of 2009, there are 342 remaining $5,000 bills, around 165,000 remaining $1,000 bills left. Recent notices of the Salt House Press. This is a fascinating history of the paper currency of the United States and how the term greenback originated. I much prefer V30, Greenbacks, G12H-30's, and even CL-80's. Chuck King said: The differences in cabinet material pale in comparison to the differences in speakers. The first greenbacks were printed to finance the civil war and were called as such because their backs were printed in green. Fellowship has been the means of forming many enduring friendships on Kiwanis. What Are the Different Types of Legal Tender? A hillside thaw. Peregrine Press. The government had earlier issued bonds to raise capital. There may be content that is protected as "works for hire" (copyright may be held by the party that commissioned the original work) and/or under the copyright or neighboring-rights laws of other nations. Ephrata, Pa., Restored Press of the Brotherhood of the Cloister, 1965. In December 1861, the government had to suspend redemption, and they declined. Baltimore, Salt House Press [193-]. Sudden death! These were called greenbacks simply because the backs were printed in green. By the squire of Krum Elbow New York 1936. By 1867, over $350 million USD worth of greenbacks were making their rounds through the United States. New York. 10, 1939. To the Maid of Orleans by Edna St. Vincent Millay. 1935. December 1776. However, nowadays, greenback is American slang for different denominations of dollar bills. Cheese. IV. Debtors, such as farmers, advocated for a continuance of the use of greenbacks because it contributed to rising prices for their goods and helped them pay their debts. A greenback is a slang term for U.S. paper dollars. The defense of Wake. This means that 100 dollars in 1962 are equivalent to 992.47 dollars in 2023. The declaration of the free [poem] New York, C. P. Farrell [n. d.]. No. [10] The recovery began when Congress limited the total issue of greenback dollars to $450 million. Gift from Miss Eleanore Bruno, Apr. All U.S. currency issued since 1861 remains valid and redeemable at full face value. 2121. Baltimore, Maryland. [by] Ernest Hatch Wilkins. Jacket of "Are you a bromide by Gelett Burgess. Williamsburg. May 14, 1957. And things only got worse when the colonies were contracted to contribute funds to Englands wars. United States of America, true faith pen & color drawing and designed by Roy W. Boyden, Los Angeles, Calif 1939. North of us, south of us. This jumps to 1 Greenback per R10 on cheque card swipes, and 4 Greenbacks per R10 for every swipe using American Express. I still hear people refer to paper money as greenbacks today, and now I know this word has more history than simply the color of our money. The election of the President of the United States of America. [Cincinnati, 1963]. Salt House Press 1932. While the usage of paper money has declined with the invention of online banking and digital transactions, the US Dollar is still a globally recognized symbol of wealth. A. D. St. Botolph's church Boston, Lincolnshire, England Fred W. Fox. Trans-continental. The dance. The Legal Tender Act was passed on 25 February 1862, which permitted the Secretary of the Treasury to issue Legal Tender Notes, which looked very similar to the Demand Notes they replaced, only they were not redeemable for coin. Our National Library [a poem by] Jennie Moore Bryan. 1939. Extension of remarks of Hon. It is made up from two little-known versions of Psalm LXXXII: the one by John Milton, and the other by Sir Philip Sidney and his sister the Countess of Pembroke Richard Walden Hale. [Washington, D.C., 1973]. A few days later, the United States Treasury authorized the issue of $150 million USD worth of paper Legal Tender Notes, which paved the way for modern day currency. The federal bible being strict interpretations of the laws of political economy for the guidance of the legislative, executive and judicial branches of a government under a democracy. W. Muhleman, Hamline university. The runaway. "Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It," Page 13. Is the US greenback backed by gold or silver? We update our GB to USD price in real-time. They were called greenbacks simply because the backs were printed in green. Monument on the site of famous debate. February 22, 1937. Robert Graves: the University of San Francisco aims April 29, 1962. The exception to that was the interest payment on bonds the US Government was offering. A printed broadside dated at Detroit, January 26, 1790. However, Spanish and Portuguese explorers and traders had plenty of coinage with them, and these foreign pieces ended up becoming the most commonly used coins in the colonies. Learn how and when to remove this template message, 8th Senior Officer of the United States Army (17991800), 1st Secretary of the Treasury (17891795), Delegate to the Congress of the Confederation (17821783, 17881789), "Report on a Plan for the Further Support of Public Credit", Society for Establishing Useful Manufactures, Advisor, George Washington's Farewell Address, https://en.wikipedia.org/w/index.php?title=Greenback_(1860s_money)&oldid=1130088844, 1865 disestablishments in the United States, Historical currencies of the United States, Economic history of the American Civil War, Wikipedia articles needing clarification from January 2020, Short description is different from Wikidata, Articles needing additional references from April 2021, All articles needing additional references, All Wikipedia articles written in American English, Articles with unsourced statements from April 2021, Creative Commons Attribution-ShareAlike License 3.0. Forever." "Currency, Finance, and the Civil War. Did they operate on babies without anesthesia? Time to redouble . J. W. Studebaker. Nedbank greenbacks are a complete waste of time. Baltimore, Maryland. Published by Eclipse Fuel Engineering Company [1936]. Greenbacks are reported to have funded 15% of the war's costs. A query for bibliographers and historians, accompanied by facsimile of the broadside by Douglas C. McMurtrie. The laurel tree. The following items are included in Printed Ephemera: Three Centuries of Broadsides and Other Printed Ephemera, with permission as follows: Citations are generated automatically from bibliographic data as Salt House Press. Greenbacks were paper currency fiat money issued by the United States during the American Civil War that were printed in green on the back. Morrison and Wharton sold boxes of cotton candy for a quarter each to fair-goers. https://www.loc.gov/item/rbpe.12500100/. The formal opening of the exhibition follows the gathering of friends to greet Mr. Hergesheimer at 40 Mercer Street on the evening of March 5, 1942 [Princeton. By spring of 1863, the greenback declined further, to 152 against 100 dollars in gold. The wrack of the Queen Charlotte: a ballad of Chesapeake Bay. If you are lucky enough to have something in perfect condition then the value will be totally different. Banks and bankers originally scorned the new greenbacks. In 1864, it declined again, as Grant was making little progress against Lee, who held strong in Richmond throughout most of the war. An exhibition books & manuscripts of Joseph Hergesheimer in the treasure room Princeton University library from March 6 to April 6. Cheque accounts earn 1 Greenback per card swipe, while credit card accounts earn 2. What were "greenbacks"? Enter a Melbet promo code and get a generous bonus, An Insight into Coupons and a Secret Bonus, Organic Hacks to Tweak Audio Recording for Videos Production, Bring Back Life to Your Graphic Images- Used Best Graphic Design Software, New Google Update and Future of Interstitial Ads. Greenbacks also have a historical connotation, however, referring to the debate over economic policy throughout the Civil War Era. It is a payments transfer system, known as checking. As Demand Notes were used to pay duties, they were taken out of circulation. At the time of the initial circulation, people used both gold dollars and greenback dollars. This currency rates table lets you compare an amount in US Dollar to all other currencies. 88, 91 New York City [1924]. A United States Note, also known as a Legal Tender Note, is a type of paper money that was issued from 1862 to 1971 in the U.S. Having been current for 109 years, they were issued for longer than any other form of U.S. paper money. Gold was more available on the West Coast, and merchants in those states did not want to accept U.S. Notes at face value. Greenbacks, such as this $5 bill issued in March 1863, were a form of legal tender paper money created by the Union government to help. [Santa Barbara, Calif.] Unicorn Press, 1967. The federal government sometimes issued Treasury Notes to borrow money during periods of economic distress, but proposals for a federal paper currency were politically contentious and recalled the experience of the Continental dollars issued during the American Revolution. [A tribute to Bruce Rogers on his 87th birthday]. A declaration of dependence and independence nailed on the door of Independence Hall, Philadelphia, Flag day, June 14, 1910 Baltimore, Md. [New York, 1927]. What was the Greenback used for during the Civil War? [Berkeley, Calif.] Printed for Oyez by The Auerhahn Press, c1964. Under that arch; a keepsake issued by the Dartmouth College Library on the occasion of the opening of its Robert Frost Room, April 19, 1962. Computed by John V. Yatman, New York. Published ny E. B. Clayton's sons, printers and stationers, No. When did the US switch to greenbacks? There were state chartered bank notes . 1 / 32. Enter a Melbet promo code and get a generous bonus, An Insight into Coupons and a Secret Bonus, Organic Hacks to Tweak Audio Recording for Videos Production, Bring Back Life to Your Graphic Images- Used Best Graphic Design Software, New Google Update and Future of Interstitial Ads. I No. Value: Common and heavily circulated 1862 one dollar bills sell for between $150 and $300. The inauguration of John Stewart Bryan as nineteenth president of the College of William and Mary in Virginia. The greenbacks rose in value until December 1878, when they became on par with gold. However, the war's timeline depleted its finances. Oberlin, Ohio June 15, 1937. Computed by John V. Yatman, New York. For instance, a Series 1896 $1 Silver Certificate Educational note in good condition is worth more than $500 while a $1 Black Eagle Silver . These greenbacks would come to dominate the currency system, eventually transforming into the Federal Reserve Note used today. That would be worth just over half a million dollars in today's economy! Because the color green was seen as a symbol of stability, it was selected. A sawbuck resembles the Roman numeral X and is slang for the $10 bill. How much is a Greenback worth in Rand? 1949?]. They used what they knew British money even though they had very little of it. Greenback refers to the first paper money issued by the United States government in the 19 th century to finance the expenses of the American Civil War. The general. These accounts include the credit, cheque, or American Express cards. true. 1956. March 10, 1862 The vote in Congress was 93 to 59. the United States The coin was purchased by a person who has remained anonymous to this point for 56 . A few items in this online presentation are subject to copyright and are made available here with permission of the copyright owners. [n. p. 1937]. 300 copies printed to mark publication of Ring Lardner: A Descriptive Bibiliography by Matthew J. Bruccoli and Richard Layman (Pittsburgh: University of Pittsburgh Press, 1976). 1942?]. [n. p. 1935]. [Santa Barbara, Calif.] Unicorn Press, 1967. Gov Osborn tells how it feels to be seriously ill; lauds Sault hospital. Human sterilization today. Reprinted from the Baseball magazine of December, 1929 Norwich, Conn. Bulletin Print. Thoughts from his writings Baltimore, Md. Demand notes were issued in 1861 and 1862 to pay for salaries and other government expenses during the civil war. A study in Pennsylvania folk art, being a page from the Ephrata ABC Book done in 1750 Ephrata, Pa., Restored Press of the Brotherhood of the Cloister, 1966. This currency was not backed by specie (gold or silver) and exerted an inflationary impact on the Northern economy. Dedicated to James Otis, and Patrick Henry- the orators of the American revolution William Kimberley Palmer. This jumps to 1 Greenback per R10 on cheque card swipes, and 4 Greenbacks per R10 for every swipe using American Express. To prevent such an eventuality, the paper money's value depended on the health of the individual banks issuing the currency. A greenback is a slang term for U.S. paper dollars that originated from the backs of the bills being printed in green ink. These notes earn the nickname "greenbacks" because of the green ink on the back.
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