Alteration: A deliberate change made to a coin or bill, by someone in an unofficial capacity, in order to circulate the piece at an increased value.

Authentication: Establishing the authenticity of a coin or piece of paper money. Coin dealers usually provide written assurance that a coin or bill is genuine.

Bank Note: A paper certificate issued by a bank, promising payment to the bearer. Payment was in the form of coinage.

Broken Bank Note: Paper currency issued by a private bank that later went “broke,” making the currency worthless.

Bullion:
Gold or silver in the form of bars, ingots, or plates

Bushwhacker:
A term for Confederate guerillas who attacked settlements without warning

Case: To inspect or study with the intent to rob. “They cased the joint before the stickup.”

Cowpuncher: A hired hand who tends cattle and performs other duties on horseback

Currency: A term referring to any and all money actually in circulation in a given time and place. Officially, the term “currency” applies to both coins and paper money, though it is commonly thought that the term refers only to paper money.

Demand Note: A type of provisional money used in the United States in 1861 and 1862. (See “greenback”)

Dollar:
The monetary unit of the United States. The word “dollar” is derived from the word “thaler,” the name for a type of large silver coin common in Middle Europe in the 1500s.

Encased postage stamp:
Emergency currency invented during the Civil War. Postage stamps were “encased” in a protective holder, and traded like coins.

Federal Reserve Note:
The only type of paper money now issued in the United
States (except for legal tender notes still issued in one hundred dollar denominations). Federal Reserve Notes were issued beginning in 1914.

Fourflusher:
A person who tries to bluff other people

Fractional Currency:
Paper currency (usually in denominations less than one dollar) produced from 1862-1876. Fractional currency was created as a consequence of the national economy during the Civil War.

Freebooter:
Someone who is in a city that has been abandoned because of war. The “freebooter” can now enter the home and steal things

Freighter:
A person who ships cargo

Gold Reserve Act: An Act of Congress that made it illegal for any American to own gold coins, except those that were collectors items.


Gold Rush:
A gold rush is a large, rapid movement of people to an area where gold has been found.

Greenback:
A general term for United States paper money. The term originated with the “demand note” of 1861. The reverse of these notes was printed in a dark green ink.

Gunslinger:
A person who is armed with a gun

Highwayman:
A man who holds up and robs travelers on a road.

Ingot:
A piece of gold, silver, or other metal carrying information about its weight, purity, and sometimes, its origin.

Large cent:
A large, one-cent copper coin circulated in the United States beginning in the 1780s and continuing until 1857.

Legal Tender Note:
A type of paper money introduced in the United States in 1862. Legal tender notes were considered “legal tender” for all public and private debt.

Lynch:
To execute without due process of law, especially to hang, as by a mob.

Mint mark:
An abbreviation, monogram, or symbol placed on a coin to indicate the mint which manufactured the coin.

Mint:
A place were coins, medals, or tokens are made. A place where the coins of a country are manufactured by authority of the government.

Money:
Anything which serves as a medium of exchange between people or communities.

Morgan dollar: The best-known United States silver dollar. Named after George T. Morgan, assistant engraver at the Philadelphia Mint, who designed the coin.

Numismatics: Of or relating to currency. The study or collection of coins, tokens, paper money, or medals.

Numismatist:
A person who collects and studies all kinds of coins and currency.

Obverse:
The side of a coin that bears the more important legends or marking.

Postage stamp money:
Postage stamps that were temporarily used in place of coins.

Private gold coin:
Coins struck by private entities between 1830 and 1860.

Reverse:
The opposite of the obverse. The "back" side of the coin or bill.

Robbery:
The act or an instance of unlawfully taking the property of another by the use of violence.

Roustabout:
A laborer employed for temporary or unskilled jobs

Sidewinder:
A powerful swinging punch delivered from the side.

Slug:
Round or octagonal fifty-dollar gold pieces issued in California in the early and middle 1850s.

Small cent:
The one cent coin, reduced in size, that began circulation in 1857.

Specie:
Money in coin

Sweating: The dishonest practice of removing minute amounts of metal from a coin to be melted down and re-sold, while returning the coin to circulation.

Teamster:
A person who drives a team of horses

Theft:
The act of stealing. Removing personal property with the intent of depriving the rightful owner of it.

Time lock:
Time locks were invented to make it impossible to open a safe unless to time on the lock had expired