In the Corner with Dan Hughes
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160-141009 In the Treasure Corner - When Stamps Were Coins

1862 was the year, and the only year, that postage stamps were used as coins. 

The Civil War was in full force, coins were hard to come by because they were used in the war effort (and people hoarded them), so in July 1862, the government okayed the use of stamps as legal tender. 

An enterprising businessman patented a brass shell for stamps, and he made a quick fortune with his little frame that turned stamps into coins. 

How long were they used? Why were they suddenly dropped?  What are they worth now?  Listen to the show for the answers.

For articles that will help you find more and deeper coins with your metal detector, visit http://treasuremanual.com.

Direct download: 160stampsAsCoins.mp3
Category:treasure -- posted at: 10:13pm CDT
Comments[2]

  • Thanks for that bit of history. I have never heard of this before and found it very interesting! Keep up the great work!

    posted by: Steve on 2014-11-21 05:04:52

  • Thanks for this bit of information, Dan. I never had heard this before!

    posted by: James Bizzell on 2014-10-10 19:05:17

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