
maconspmx
4 days ago2 min read
Debunking the Colonial Currency Myth: No, Nails Weren’t Used as Money
As a trusted bullion dealer, we hear our fair share of myths and misunderstandings about the history of money—especially when it comes to early America. One of the most persistent (and oddly popular) claims is that nails were used as a form of money in Colonial America. Let’s set the record straight. The Nail Myth: Where Did It Come From? The myth likely stems from a grain of truth. In the 17th and 18th centuries, nails were indeed considered valuable household items. They w

