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In October 1863, Confederate States Senator Louis Wigfall of Texas said that a Confederate soldier received $11 per month in pay, which was worth the same as $1 had been worth at the beginning of the war. [4] In September 1864, one Confederate dollar was worth the same as three cents of United States currency. [5]
The Confederate State of North Carolina issued currency during the years 1861, 1862, 1863 and 1864. ... 1 dollar (NC Institute Deaf & Dumb) 1 dollar (No Printer)
[1] At the beginning of the war, the Confederate dollar cost 90 cents in gold dollars. By the war's end, its price had dropped to 1.7 cents. [2] Overall, prices in the South increased by more than 9000% during the war, averaging about 26% a month. [3]
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In 1862, the greenback declined against gold until by December, gold had become at a 29% premium. By spring of 1863, the greenback declined further, to 152 against 100 dollars in gold. However, after the Union victory at Gettysburg, the greenback recovered to 131 dollars to 100 in gold. In 1864, it declined again, as Grant was making little ...
Savings interest rates today: Clock's ticking on peak yields of up to 4.86% as another Fed cut looms — Dec. 3, 2024
4. 1804 Silver Dollar Class I. Potential worth: $4.1 million. Known as the “King of Coins,” the 1804 silver dollar Class 1 can, according to Urban Aunty, be valued at as much as $4.1 million.
1899 Black Eagle (obverse and reverse) The Black Eagle is a type of one-dollar silver certificate produced in 1899 in the United States. The note measured 7.38 in (187 mm) by 3.18 in (81 mm); it was of the large-size variety of bank-notes issued by the United States.
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