The paperback of my book, A Counterfeiter’s Paradise: The Wicked Lives and Surprising Adventures of Three Early American Moneymakers, comes out today. You can buy it from Amazon, Barnes and Noble, IndieBound, or your local bookstore.
Here’s an excerpt:
On a November night in 1876, two men passed in silence under the granite obelisk that rose a hundred feet above the tomb of Abraham Lincoln in Springfield, Illinois. Below the obelisk stood a statue of the slain president, the bronze silhouette glistening in the moonlight as the men moved swiftly by. Trying to make as little noise as possible, they entered Lincoln’s burial chamber and approached the marble sarcophagus. The men drew their crowbars and, straining against the handles, managed to push the large tablet that covered the coffin over the side. Inside was the cedar casket that held Lincoln’s corpse. Reaching into the sarcophagus, they began lifting the wooden box.
Suddenly a gunshot sounded outside. The men froze: the first shot was followed by another, then another, until the volley seemed to come from every direction. They dropped the casket and darted out of the tomb, fleeing the cemetery as bullets whistled past Lincoln’s final resting place.
The men were caught several days later. They confessed to trying to kidnap Lincoln’s body, which they planned to exchange for the freedom of their gang leader, a counterfeiter named Ben Boyd. The Secret Service, which had nabbed Boyd a year earlier, learned of the plan, and sent agents to lie in wait for the grave robbers. The officers sat watching the tomb for hours before the two men arrived. But before they could arrest the criminals, one of their pistols went off by accident. The others, thinking they were under attack, started firing wildly and the robbers escaped in a hail of bullets.
The irony of the scene was surely lost on the raiders of Lincoln’s tomb. The robbers hoped to exchange a counterfeiter’s freedom for the remains of a man who had done more than any other president in history to eliminate counterfeiting. Maybe they didn’t know enough history to make the connection; the Secret Service agents lying in the bushes nearby certainly did. Before the war, state-chartered banks across the country printed notes of various designs and denominations, which made counterfeiting fairly easy. Under Lincoln, the government began phasing out these banks and creating a uniform national currency. A few months after Lincoln’s death in 1865, the Secret Service was created to crack down on counterfeiters. Over the next several decades, the agency aggressively pursued its task, and by the end of the century, counterfeit cash amounted to just a slim fraction of the currency in circulation. The counterfeiters who flourished in the nation’s infancy and adolescence would almost entirely disappear, victims of an unprecedented centralization of federal authority. The golden age of counterfeiting was over.
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