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Image: Bank of Poyais-1 Hard Dollar (1820s) SCAM

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Description: One dollar, Bank of Poyais, Republic of Poyais (1820s). After fighting in South and Central America, the Scottish soldier Gregor MacGregor created an elaborate scam claiming to have been made a Cacique of the entirely fictitious Cazique of Poyais, all in an effort to defraud land investors. Nearly 200 died in 1822–23 in connection with MacGregor's deception.
Title: Bank of Poyais-1 Hard Dollar (1820s) SCAM
Credit: Image by Godot13
Author: National Museum of American History
Permission: Use of this image should give credit to the National Numismatic Collection, National Museum of American History at the Smithsonian Institution
Usage Terms: Public domain
License: Public domain
Attribution Required?: No

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