Lot 95: Washington Monument Miniature Made from U.S. Paper Money Macerated at the U.S. Treasury around 1880.
October 29, 2016
Garden City, NY, USALive Auction
Description: Washington Monument Miniature Made from U.S. Paper Money Macerated at the U.S. Treasury around 1880. 15.5cm. About Uncirculated. Our example shows the Monument before its completion and the capping of the shaft with a triangle of the then-rare and exotic metal aluminum. After the War Between the States, withdrawn paper money was pulped or "macerated" and became a kind of papier mache that could be formed into a wide range of souvenirs. The original label indicates that the "face value" of the macerated bills used to create this souvenir item was $5000. Est. $60.