Issue 26 Magic Summer 2007

Currencies of Wonder

Tim Reed

Magicians have traditionally been fiercely competitive, sometimes spending small fortunes on publicity material to distinguish themselves from their rivals. Whether in the form of souvenir photographs, posters, or self-promoting “pitchbooks,” magicians have always been in the business of making money. And what better way to set yourself apart from others than to print your own money, providing a self-mocking sense of personal wealth and superiority? One of the earliest examples, printed in 1855 by magician Signor Alfred Bosco, was a fifty-pound note on which appeared the text, “Bank of the Great Wizard of the World … Temple of Natural Magic and Ventriloquism.” Bosco died in poverty. In the modern period, with the United States dominating the economies both within and outside the magic world, the American dollar bill has emerged as the standard design for magicians’ publicity currency.

Tim Reed is a collector of magic memorabilia, including the world’s largest collection of material relating to the 1980s British television magician, Paul Daniels. He is assistant editor of The Magic Circular, the internal publication of The Magic Circle, London.

Cabinet is a non-profit organization supported by the Lambent Foundation, the Orphiflamme Foundation, the National Endowment for the Arts, the New York City Department of Cultural Affairs, the New York State Council on the Arts, the Katchadourian Family Foundation, and many generous individuals. All our events are free, the entire content of our many sold-out issues are on our site for free, and we offer our magazine and books at prices that are considerably below cost. Please consider supporting our work by making a tax-deductible donation by visiting here.