Currency

Federal Reserve Established
On December 23, 1913, President Woodrow Wilson signed the Federal Reserve Act, establishing America’s current central banking system.

Establishment of the New York Stock Exchange
On March 8, 1817, the New York Stock Exchange was established out of a reorganization of stockbrokers working under the Buttonwood Agreement.

American Numismatic Association
On October 7, 1891, the American Numismatic Association (ANA) was founded in Chicago, Illinois.

Federal Reserve Established
On December 23, 1913, President Woodrow Wilson signed the Federal Reserve Act, establishing America’s current central banking system.

Emergency Banking Act
On March 9, 1933, President Franklin Roosevelt passed the Emergency Bank Act (EBA) to provide financial relief during a Depression-era banking crisis.

Establishment of the New York Stock Exchange
On March 8, 1817, the New York Stock Exchange was established out of a reorganization of stockbrokers working under the Buttonwood Agreement.

Encased Postage
On August 12, 1862, John Gault received a patent for a design to encase postage stamps to use as currency after coins became scarce during the Civil War.

Postage Currency
On August 21, 1862, Postage Currency was issued to make business transactions easier during the Civil War.

Silver Tax Stamps
On June 19, 1934, Congress authorized the used of Silver Tax stamps.