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The term "shin plasters" originated in the 19th century and referred to small denomination paper money, particularly during the American Civil War when currency was scarce. These notes were often low in value, leading to the derogatory comparison to "plasters" or bandages used to cover wounds, implying that such money was not substantial or valuable. Additionally, the thin, flimsy nature of the paper currency resembled a type of cloth used in old-fashioned bandages, further solidifying the term's association with low-quality money.

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3w ago

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