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Coins, Currency & American History

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America was not built in a straight line.It was built through arguments about power, money, and trust.

This podcast tells the story of the United States through the forces that shaped it beneath the surface: currency, credit, debt, and the systems people argued over long before the outcomes were clear. Instead of memorizing dates and battles, we follow the economic and political choices that quie... more

PublishesWeeklyEpisodes21Founded5 months ago
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History

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Latest Episodes

The Civil War had ended. Reconstruction brought the Southern states back into the Union. Yet for many in the South, the wounds lingered. They searched for a way to make sense of defeat and move forward with a measure of dignity. And their search gave... more

The Civil War changed the American financial system. Its patchwork of coins and local bank notes gave way to more centralized federal paper money and one of the most practical – and collectible – innovations in our numismatic history: Fractional Curr... more

When Confederate artillery opened on Fort Sumter in April 1861, America plunged into a war unlike any before in American history. It was a full-scale test of two societies, economies and financial systems. Armies would decide battles. But money – how... more

The decade before the Civil War is often described as a political crisis. But the 1850s were also an economic crisis, a cultural crisis and a crisis of imagination. North, South and West each had opposing visions of the future – and believed the othe... more

The American economy exploded in the 1800s, fueled by no less than nine gold and silver rushes from Georgia and the Carolinas to California and the Klondike. People flocked to seek their fortunes. And new gold and silver coins were born, struck by si... more

In the early 19th century, Americans spoke of the western frontier with confidence. It was where Jefferson’s agrarian citizens would flourish. The land that would cure poverty and absorb the restless masses of the East. An investment that would pay d... more

The United States recovered slowly from the Panic of 1837. Trade resumed. Banks reopened. Wages returned. Eventually, the crisis passed and the country resumed its growth. But the panic left behind a revealing question: How did Americans actually con... more

Economic stability depends on confidence. And in the early nineteenth century, confidence rested on metal. Gold and silver were trusted. Paper was tolerable as long as it could be redeemed. When confidence faltered, the American financial system stra... more

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