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The Confederate States dollar was first issued just before the outbreak of the American Civil War by the newly formed Confederacy. It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence.
Aug 22, 2023 · Among the Kentucky man's discovery were a number of $20 Liberty coins without the "In God We Trust" inscription — put on the currency in 1866 — adding to their value and rarity. Several coins in the hoard were also manufactured at the now-defunct New Orleans Mint, which operated from 1838 to 1861 and again from 1879 through 1909.
- What Was The Confederate Dollar (CSD)?
- Understanding The Confederate Dollar
- Confederate Notes
- The Confederate Dollar’S (Csd’S) Demise
- Confederate Dollar FAQs
The Confederate dollar (CSD), issued in 1861, was the legal tender used by the eleven states that comprised the Confederate States of America during the U.S. Civil War. The Confederate States of America, also known as the Confederacy, used Confederate dollars to help fund the war against the Union. At the time the Civil War broke out, early in 1861...
The Confederate dollar, short for the Confederate States of America dollar, was the currency issued by the Confederate States of America. The notes began to be circulated before the start of the American Civil War and were used to finance the war. It is informally referred to as a "Greyback," named for the grey color of the typical uniform of the C...
The Confederacy had limited numbers of trained printers and lithographers, and most of the printing equipment on the continent was in the northern (Union) states. This lack of printing equipment led the Confederate government to create a hodgepodge of bills with varying degrees of quality. The first four printings of Confederate notes were issued i...
Both Federal and Confederate governments thought the war would be a short effort, with their forces easily defeating the opposition. As the war persisted and Confederate losses mounted, the Confederacy needed more war funds and continued to print currency. As with any money, the continued production of banknotes without backing will create severe i...
How Much Is a $1,000 Confederate Bill Worth?
The $1,000 note was only issued in 1861 and was the highest denomination issued by the Confederate government. Genuine $1,000 notes were printed on high-quality banknote paper with red silk fibers. These notes feature images of John C. Calhoun on the left and Andrew Jackson on the right, and the colors are black and green on white linen paper. The original notes were signed by hand by Alex B. Clitherall, Register, and E.C. Elmore, Treasurer of the Confederate States of America. Only 607 of th...
Are Confederate Dollars Worth Any Money?
When the Confederacy was disbanded as a political entity following the end of the Civil War, the currency lost all existing value as a medium of exchange. Confederate dollars are not accepted as legal tender anywhere. However, for collectors and dealers of obsolete currency, Confederate dollars are valuable as collectible items.
Where Can I Buy a Confederate Dollar?
Certain websites exist, including CSAnotes.com, solely for the purpose of buying and selling Confederate notes from the Civil War era.
The Confederate dollar (CSD), introduced in 1861, played a crucial role as the primary currency of the Confederate States of America during the American Civil War. Its issuance was motivated by the urgent need for funds to finance the war effort against the Union.
Apr 19, 2024 · As the war dragged on, the Confederates continued printing currency to fund the war effort. This overprinting combined with the rising prices of goods, caused extreme inflation. A few months before the end of the Civil War, one Confederate dollar was equal to three cents in U.S. currency.
Oct 23, 2023 · Civil War-era coins made big headlines over the summer when a Kentucky man unearthed hundreds of lost gold coins and became about $2 million richer because of it.
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What currency did the Confederate States of America use?
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What type of currency was used during the Civil War?
Civil War Currency. Confederate States of America, 10 dollars, 1864 ; Recto. During the early days of the Civil War, the U.S. Treasury issued ‘Demand Notes’ in denominations of fives, tens, and twenties.
