THE EARLY PAPER MONEY OF AMERICA

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The One Hundred Greatest Items Of United States Numismatic Literature Rank: Number 15



Clain-Stefanelli 13309*, Davis 774

The ubiquity of the Federal Reserve note, “a circumvention of the literal constitutional language” per Newman, stands in bold contrast to the host of paper money issues which circulated in early America. The almighty dollar, even if it has depreciated as much as Continental currency, has long outlasted its predecessors, and today one is hard pressed to relate to the situation of colonial times, when rapid inflation and nimble exchange rates turned ordinary transactions into mathematical mayhem. Fortunately we have Mr. Newman, seemingly a first hand observer, to sort out the situation. The result is the definitive record of hundreds of emissions of early currency, each series representing a struggle for economic leverage between American and European interests. The most recent edition of Early Paper Money, issued by Krause in 2008, is wonderfully illustrated in color and incorporates important material lately sold by Stack’s.

1st Edition

First edition with dust jacket.Photo courtesy of Wayne K. Homren Numismatic Library.
First edition with dust jacket.
Photo courtesy of Wayne K. Homren Numismatic Library.

NEWMAN, Eric P. THE EARLY PAPER MONEY OF AMERICA.
Racine, WI: 1967
360pp
Quarto
Hardbound: Red leatherette, dust jacket


2nd Edition

Bicentennital Edition with dust jacket.Photo courtesy of Wayne K. Homren Numismatic Library.
Bicentennital Edition with dust jacket.
Photo courtesy of Wayne K. Homren Numismatic Library.

NEWMAN, Eric P. THE EARLY PAPER MONEY OF AMERICA.
Racine, WI: 1976
416pp
Quarto
Hardbound: Red leatherette, dust jacket


3rd Edition

Third edition.Photo courtesy of Wayne K. Homren Numismatic Library.
Third edition.
Photo courtesy of Wayne K. Homren Numismatic Library.

NEWMAN, Eric P. THE EARLY PAPER MONEY OF AMERICA.
Iola, WI: 1990
482pp
Quarto
Hardbound: Pictorial boards


4th Edition

Fourth edition.Photo courtesy of Thomas Wetter Numismatic Library.
Fourth edition.
Photo courtesy of Thomas Wetter Numismatic Library.

NEWMAN, Eric P. THE EARLY PAPER MONEY OF AMERICA.
Iola, WI: 1997
487pp
Quarto
Hardbound: Pictorial boards


5th Edition

Fifth edition.Photo courtesy of Thomas Wetter Numismatic Library.
Fifth edition.
Photo courtesy of Thomas Wetter Numismatic Library.

NEWMAN, Eric P. THE EARLY PAPER MONEY OF AMERICA.
Iola, WI: 2008
495pp
Quarto
Hardbound: Pictorial boards