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Davis did, in effect, take what was left of the stable-value [5] Confederate treasury with him, which consisted of $528,000 (equal to $10,845,809 today) in gold and silver bullion (some of it in Mexican silver coinage), when he and his cabinet fled Richmond on April 3, 1865 by train.
The Philadelphia Mint received more than half a million dollars in gold from Georgia in 1832. [3]: 28 The state of Georgia held the Gold Lottery of 1832 and awarded land, which had been owned by the Cherokee, to the winners in 40-acre (16-hectare) tracts. The Philadelphia Mint received $1,098,900 in gold from Georgia between 1830 and 1837.
Continental One Third Dollar Note (obverse) A fifty-five dollar Continental issued in 1779. After the American Revolutionary War began in 1775, the Continental Congress began issuing paper money known as Continental currency, or Continentals. Continental currency was denominated in dollars from $ 1 ⁄ 6 to $80, including many odd denominations ...
In the absence of an international mechanism tying the dollar to gold via fixed exchange rates, the dollar became a pure fiat currency and as such fell to its free market exchange price versus gold. Consequently, the price of gold rose from $35/ounce (1.125 $/g) in 1969 to almost $500 (29 $/g) in 1980.
The Dahlonega Mint was a former branch of the United States Mint built during the Georgia Gold Rush to help the miners get their gold assayed and minted, without having to travel to the Philadelphia [ 1 ] : 80–81, 105 It was located at (34°31.8′N 83°59.2′W ) in Dahlonega , Lumpkin County, Georgia .
November 29, 1775 [1] $2 November 29, 1775 [1] $3 May 10, 1775 [2] $4 ... Banknotes of the United States dollar; Continental Currency dollar coin; Fugio cent; References
On History Channel's hit show "Pawn Stars," a man came in to sell a 1907 Saint-Gaudens double eagle $20 gold coin. The coins are extremely rare, and some of them have sold for more than $1 million ...
Sherman's March was devastating to Georgia and the Confederacy in terms of economics and psychology. Sherman estimated that the campaign had inflicted $100 million (about $1.4 billion in 2010 dollars) [50] in destruction, about one fifth of which "inured to our advantage" while the "remainder is simple waste and destruction."