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Stephen Album Rare Coins
Auction 36  23-25 Jan 2020
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Lot 3091

Starting price: 25 USD
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Schingoethe, Herb and Martha, College Currency - Money for Business Training by Schingoethe, Port Clinton, 1993, hardcover, 463 pages, edited by Neil Shafer., published by BNR, Press, well-illustrated, including color illustrations. As the American economy advanced throughout the 19th Century, there was a need to have an educated workforce with skills in the business world. Booming businesses needed trained workers such as accountants who could work with (and be trusted with) large amounts of money. This was obviously in the days before computers, electronic bank accounts and such, meaning that every bill had to be hand counted and notated down in a ledger. An effective way of teaching people the proper techniques in handling money was by actually giving them money to work with. Thus the world of college currency was born. Business colleges across the United States began designing and printing their own currency for students to work with during the mid to late 19th Century stretching into the early 20th Century. Students were entrusted with this currency as if it were actual money with real value. When given the currency for assignments, the students would count it, write it down in their ledger, deposit it in the school bank and make sure all the documentation was correct.

Estimate: 25-50 USD
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