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These coins were struck using a U.S. obverse die (Seated Liberty) and the Confederate die made by Peterson. These coins are known as originals, and the location of all four of the coins is known today.
White Southerners applauded the piece as symbolizing sectional reconciliation, the federal government paying homage to the South's Confederate heritage. [42] The coins were to be distributed through banks, and the Federal Reserve System cooperated by moving coins as needed, though at the Association's expense.
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]
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 a source of speculation for many historians and treasure hunters.
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.
Another group of coins that can get collectors excited are commemorative coins issued in 1950 and 1951 from the Philadelphia, Denver and San Francisco mints: These commemorative half-dollars ...
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