Confederate Currency
Posted in Uncategorized on 12/03/2004 04:45 pm by admin
Confederate Currency
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 1862 $20 CSA Confederate States Of America Currency Note T51  US $42.76
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 1864 $100 CSA Confederate States Of America Currency Note T65 Uncirculated US $54.00
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A Short History on Confederate Money
In 1860, Christopher G. Memminger was given the task to organize the Confederate treasury. Memminger was born in Germany on January 9, 1803 and his mother and grandparents immigrated to Charleston, SC shortly after his father's death. Memminger was eventually adopted by the future governor of SC, Thomas Bennett. After studying law, Memminger entered politics and became a member of the SC state legislature in 1836. He was responsible for writing the Constitution of the Confederate States of America as a member of the Confederate Provincial Congress. Memminger became Secretary of the CSA Treasury on Feb 21, 1861 but resigned on July 18, 1864 amid criticism for the CSA's deteriorating economy.
When the Confederacy occupied the federal mints at New Orleans, LA, Dahlonega, GA,and Charlotte, NC they discovered these facilities didn't have enough bullion to mint coins. They attempted to issue a half-dollar coin and produced four prototypes. The inability of the CSA to coin money was intensified by people hoarding coins and the bank failures that occurred following secession. The government began to issue paper money but this resulted in rapid inflation. Attempts by the CSA to curb inflation were unsuccessful.
Their financial difficulties got worse when counterfeit Confederate notes printed in the North begin to show up in the South. As a deterrent, the Confederate government made counterfeiting a capital crime, punishable by death. Samuel C. Upham of Philadelphia is credited with being the most famous of all the counterfeiters of Confederate currency. Upham produced lithographed notes as Confederate currency facsimiles and mementos of the war. Each note was marked in the margin identifying it as a facsimile. However, purchasers of the notes begin to trim off the margin and use it as genuine currency. Eventually, Upham produced currency without the margin notes selling them for pennies on the dollar.
The South issued anywhere from one to two billion dollars in paper money. This number did not include the amount issued in bonds and the currency issued by the individual states, counties, cities, companies and banks. The CSA had hoped to obtain European loans and finance the war by the sale of cotton abroad. However, the Union blockade inhibited the export of cotton. Toward the end of the war, Confederate currency became worthless. Ironically, many issues of Confederate currency are very valuable today as collectables.
About the Author
Johnny Kicklighter is a member of the local Sons of Confederate Veterans, Lt. George E. Dixon Camp # 1962, Belleville, Illinois. The Sons of Confederate Veterans honor ancestry through the preservation of history and heritage. Johnny is a collector of Confederate currency.
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Confederate Currency (Paperback) $20.47 With the outbreak of the Civil War in 1861, the Confederate States of America began issuing its own legal tender. Over the years, seven different series of currency were issued. Counterfeiting became an enormous problem for the South, as did depreciation and inflation. By the end of the war, the notes were worthless, but within the decade their collectibility was on the rise. Today, some notes can easily garner thousands of dollars. Uniquely designed and hand-signed, the legal tender of the South tells the story of hope and loss. Confederate currency expert Pierre Fricke illustrates the history of the South`s money in Confederate Currency. Neither a price guide nor a collector`s guide per se, Confederate Currency explains the origins of the various notes issued by the South, putting the money into historical context. Fricke also briefly discusses the dissolution of the Union and examines the collectibility of Confederate Currency. |
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Collector of Confederate Currency James Hardee Elliott Taking Inventory of His Assets $79.99 Robert W. Kelley Collector of Confederate Currency James Hardee Elliott Taking Inventory of His Assets - Premium Photographic Print |
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Fort Sumter Collectible, With Authentic Confederate Currency $149 "This outstanding showpiece marks the 150th anniversary of the attack on Fort Sumter with a genuine piece of American history: an original Confederate dollar. The $1 Virginia Treasury Note, like most Confederate currency, is becoming rare and collectible. The artifact, more than 145 years old and measuring 3 x 7, has wonderful graphics and was hand signed during the Civil War. This collectible displays portraits of Gen. Robert E. Lee and Gen. Ulysses S. Grant over a reprint of The Timess front page from April 15, 1861, about the attack on Fort Sumter. Facsimiles of Lee and Grants signatures are also presented. Frame, with wood finish, measures 16"" x 18"". Includes certificate of authenticity, historical information on Confederate currency and reprint of the Fort Sumter article. " |
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Criswell's Currency Series V1: Confederate and Southern State Currency $35.84 Includes The 1958-1959 Price List And Supplement To Volume 1 Of Criswell's Currency Series. Current Market Values On Notes Listed By Criswell Numbers. |
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Confederate States Paper Money $26.99 The 10th Edition of Confederate States Paper Money covers both Confederate and Southern States issues of the American Civil War (1861 - 1865) and the Reconstruction period Know the value of your notes; prices are listed for six grades. Exclusive photographs Date on uncut sheets, advertising notes, errors, bogus and enigmatical issues. The most complete coverage of Upham and other facsimile notes. Fascinating information about the Confederacy and the individual Southern States. Fore more than 40 years this catalog has been a primary source of data on Confederate currency. |
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Confederate $1.49 Confederate Vinyl Sticker Sticker designed like the confederate flag, red white and blue with chrome stars. |
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Currency $79.66 In economics, the term currency can refer either to a particular currency, for example the US dollar, or to the coins and banknotes of a particular currency, which comprise the physical aspects of a nations money supply. The other part of a nations money supply consists of money deposited in banks (sometimes called deposit money), ownership of which can be transferred by means of cheques or other forms of money transfer such as credit and debit cards. Deposit money and currency are money in the sense that both are acceptable as a means of exchange, but money need not necessarily be currency. Historically, money in the form of currency has predominated. Usually (gold or silver) coins of intrinsic value commensurate with the monetary unit (commodity money), have been the norm. By contrast, modern currency, as fiat money, is intrinsically worthless. The prevalence of one type of currency over another in commodity money systems has arisen, usually when a government designates through decrees, that only particular monetary units shall be accepted in payment for taxes. Author: Miller, Frederic P./ Vandome, Agnes F./ McBrewster, John Binding Type: Paperback Number of Pages: 100 Publication Date: 2010/06/01 Language: English Dimensions: 6.00 x 9.00 x 0.24 inches |
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Confederate Officer $179.99 Confederate Officer |
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The Currency $7.04 The finely-sculpted poems of The Currency animate the world of art and architecture, from Caravaggio and Frank Gehry to the contemporary artist Maurizio Cattelan and the filmmaker Jean-Pierre Limosin. Exploring such works of art for how they lead us to pause for thought and breath--how they infuse mind and body in equal measure, helping us keep and pass the time we spend--Otremba poignantly articulates the hues of familial life. |
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Confederate Bulldog $2.99 Confederate Bulldog Vinyl Sticker (Bulldog on a Confederate flag) |
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Confederate Flag $19.99 Confederate Flag - Photographic Print |
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Confederate Banknote $39.99 Confederate Banknote - Giclee Print |
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Confederate Retreat $39.99 Confederate Retreat - Giclee Print |
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Confederate Forces $39.99 Confederate Forces - Giclee Print |
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Confederate Prisoners $39.99 Confederate Prisoners - Giclee Print |
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Confederate Irregulars $39.99 Confederate Irregulars - Giclee Print |
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Confederate Money $79.99 Confederate Money - Premium Photographic Print |
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Confederate Rebel Flag Genuine Leather Chain Wallet $9.99 Confederate Rebel Flag Genuine Leather Chain Wallet. Our Genuine Leather Chain Wallets Are made with you in mind, with all the compartments you need for all your valuables, money, credit cards ID cards and photos all in one great looking secure place. Made of 100% real leather these wallets are beefy and tough and of course look great! This Wallet comes complete with a removable 17'' chrome chain that easily clips to a sturdy corner rivet on the wallet. To attach this chain wallet to you pants simply snap the leather button hoop to the front belt loop of your pants. This wallet is a great fashion statement but also secures your wallet and belongings safely to you making theft or loss of your wallet nearly impossible. the chain also features a loose clip that is perfect for attaching your keys keeping them safe and secure as well. The wallet itself features 4 separate compartments including 2 for your credit cards and IDs, one for pictures that holds 12 wallet sized photos and one over sized money compartment on the top that is big enough to hold any kind of international currency. All chain wallets include a FREE 17" Chain. Additional extra long Black Leather / Steel chains are also available. |
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Avenged Sevenfold Confederate Skeleton Sticker $4.99 CONFEDERATE - STICKER |
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European Currency $19.99 European Currency - Premium Poster |
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American Currency $29.99 American Currency - Photographic Print |
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Confederate Violets $34.99 Tim Stevenson Confederate Violets - Giclee Print |