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In late April 1861, four Confederate half dollars were struck on a hand press by employees of the New Orleans Mint. Because of the high relief of the coin die, a test striking was made to determine if coins would release from the Confederate die.
The continuing opposition of the GAR to the coins dampened sales in the North, [53] and there was considerable criticism of the coin issue in newspapers. [54] Counterstamped Stone Mountain Memorial half dollar. One means of fundraising that Harvest Campaign administrators decided on was to counterstamp some of the coins for sale at premium ...
Civil War tokens are token coins that were privately minted and distributed in the United States between 1861 and 1864. They were used mainly in the Northeast and Midwest. The widespread use of the tokens was a result of the scarcity of government-issued cents during the Civil War.
The coin’s design made its debut in 1916 but was altered shortly thereafter, making the 1916 version a hit with collectors. 1926-D Lincoln Penny: $3,290+
In 1925, a commemorative 50-cent coin was released that showed Robert E. Lee and Stonewall Jackson. Money raised from the sale of the coins was combined with money raised by the United Daughters of the Confederacy and the Stone Mountain Confederate Memorial Association in order to fund the carving of a Confederate monument at Stone Mountain. [6]
In addition to hoarding wealth, privileged classes began collecting coins for their artistic or historical value centuries ago. Coin collecting and the study of currency, or numismatics, have been...
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