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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. As the Civil War progressed and victory for the South seemed less and ...
The United States ten-dollar bill (US$10) is a denomination of U.S. currency.The obverse of the bill features the portrait of Alexander Hamilton, who served as the first U.S. Secretary of the Treasury, two renditions of the torch of the Statue of Liberty (Liberty Enlightening the World), and the words "We the People" from the original engrossed preamble of the United States Constitution.
Issued loans accounted for roughly 21% of the finance of Confederate war expenditure. [4] Initially the South was more successful in selling debt than the North, [2] partially because New Orleans was a major financial center. Its financiers bought up two-fifths of a 15 million dollar loan in early 1861. [8]
Greenback (1860s money) 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 ...
The bill was passed into law on February 14, 1861 effecting such transfer of employment. On March 9, 1861 the Provisional Congress authorized the printing of Confederate currency, in the form of paper treasury notes, amounting up to a total of $1 million (CSA). [3]
Demand Note. A Demand Note is a type of United States paper money that was issued from August 1861 to April 1862 during the American Civil War in denominations of 5, 10, and 20 US$. Demand Notes were the first issue of paper money by the United States that achieved wide circulation.
Fifty Confederate States cent (T72), by Archer & Halpin. Sherman-Grant note at Fractional currency (United States), by the Bureau of Engraving and Printing. One-thousand Confederate States dollar (T1), by the National Bank Note Company. Five-hundred Confederate States dollar (T2), by the National Bank Note Company.
Large denominations of United States currency greater than $100 were circulated by the United States Treasury until 1969. Since then, U.S. dollar banknotes have been issued in seven denominations: $1, $2, $5, $10, $20, $50, and $100.