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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 ...
1925. The Stone Mountain Memorial half dollar was an American fifty-cent piece struck in 1925 at the Philadelphia Mint. Its main purpose was to raise money on behalf of the Stone Mountain Confederate Monumental Association for the Stone Mountain Memorial near Atlanta, Georgia. Designed by sculptor Gutzon Borglum, the coin features a depiction ...
The coin was a fundraiser for the Stone Mountain monument, which honors the Confederate Generals. The authorized issue was 5 million coins, to be sold at $1 each, but that proved overly optimistic and only 1.3 million coins were released, many of which ended up in circulation after being spent for face value. [75]
Confederate half dollar coin. The Confederate government also tried to raise revenue through unorthodox means. In the first half of 1861, when the support for secession and the military effort was running strong, the donation of coins and gold to the government accounted for about 35% of all sources of government funds.
Confederate gold refers to hidden caches of gold lost after the American Civil War. Millions of dollars' worth of gold was lost or unaccounted for after the war, and its possible location has been the source of speculation of many historians and treasure hunters. Allegedly, some of the Confederate treasury was hidden in order to wait for the ...
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. Civil War tokens became illegal after the United States ...
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]
The Confederate States of America (CSA), commonly referred to as the Confederate States (C.S.), the Confederacy, or the South, was an unrecognized breakaway [ 1 ] republic in the Southern United States that existed from February 8, 1861, to May 9, 1865. [ 8 ] The Confederacy was composed of eleven U.S. states that declared secession and warred ...
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