What did money look like in 1838?

Answer 1

In 1838, money primarily consisted of coins made from metals like gold, silver, and copper, as well as paper notes issued by banks and governments. The U.S. dollar was established, with coins in denominations such as cents and dollars reflecting their metal content. In addition to official currency, barter and trade were still common in many areas, especially in rural communities. The banking system was also evolving, with state-chartered banks issuing their own banknotes, leading to a variety of paper currency in circulation.