CENT CIRCULATION IN THE SOUTH

A visitor to my personal web site asked "Do have any idea why pennies were not accepted in the South in the 1890s? I am researching a book based on my grandfather's memoirs and he states that when he was in New Orleans in 1898 he was branded as a Northerner when he tried to spend pennies."

Does this ring true to any of you? I don't recall hearing this story before. I referred them to one of my favorite books, "Fractional Money" by Neil Carothers, 1930.

Wayne Homren, Editor

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The E-Sylum: Volume 02, Number 47, November 21, 1999, Article 7

CENT CIRCULATION IN THE SOUTH

Wayne Homren, Editor