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Confederate Treasury Notes were ultimately issued in 50¢, $1, $2, $5, $10, $20, $50, $100, $500, and $1,000 denominations with a variety of designs, issuers, and redeemable obligations. The amount of currency issued under the various acts of the Confederate Congress totaled $1 .7 billion.
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During the American Civil War, Confederate currency included $500 and $1,000 notes. [7] The earliest (1861) federal banknotes included high-denomination notes such as three-year interest-bearing notes of $500 , $1,000 , and $5,000 , authorized by Congress on July 17, 1861. [ 8 ]
An advocate of secession, Lucy Holcombe Pickens was the only woman to be depicted on the currency of the Confederate States of America (three issues of the $100 CSA bill and one issue of the $1 CSA bill, which were printed in Columbia, South Carolina). She was also featured on one issue of $1,000 CSA loan certificates.
On eBay, these kinds of bills can sell for anywhere from $10 to $300. The lower the serial number, the more valuable the currency is considered to be; a bill with the serial number 00000001 could ...
The text underneath the images below includes: denomination, type number ("T" numbers refer to the categorization system widely used in Confederate banknotes and denote major design changes), portraits, vignettes, and/or allegories depicted on the note (from left to right), the engraver and/or publisher of the note, and the number of notes issued.
This decreased the Southern money supply by one-third. However, because of Union control of the Mississippi River, until January 1865 the law was effective only east of the Mississippi. [3] A fairly peculiar economic phenomenon occurred during the war in that the Confederate government issued both regular money notes and interest-bearing money. [3]
Greenbacks were emergency paper currency issued by the United States during the American Civil War that were printed in green on the back. [ 1 ] They were in two forms: Demand Notes, issued in 1861–1862, [ 1 ] and United States Notes, issued in 1862–1865. [ 2 ] A form of fiat money, the notes were legal tender for most purposes and carried ...