The Teapot Dome Scandal and Federal Reserve Notes: How 1920s Corruption Shook Public Trust in Paper Currency
The Teapot Dome Scandal of the early 1920s did more than topple a cabinet secretary — it cast a long shadow over public faith in government institutions, including the Federal Reserve System and its paper currency. Understanding this political crisis helps collectors appreciate why certain Series 1923 and 1928 Federal Reserve Notes carry such historical weight beyond their catalog values.
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