Through the American Civil War, the Confederate States greenback was greatly counterfeited by private pursuits around the Union facet, generally without the sanction of the Union govt in Washington. The Confederacy's usage of contemporary printing know-how was confined, though several Northern-built imitations ended up printed on higher-top quality banknote paper procured via extralegal indicates.
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Nations have utilized counterfeiting as a way of warfare. The reasoning is usually to overflow the enemy's financial system with bogus banknotes so that the true price of the money plummets. Good Britain did this in the American Revolutionary War to reduce the value of the Continental Greenback. The counterfeiters for that British were known as "shovers", presumably for the ability to "shove" the bogus forex into circulation.
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A common exercise was to "shave" the edges of a coin. This is recognized as "clipping". Precious metals collected in this manner might be applied to provide copyright coinage. A fourrée is surely an historic sort of copyright coin, in which a base steel core has long been plated which has a valuable steel to resemble its stable metallic counterpart.
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