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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.
Before the Civil War, the United States used gold and silver coins as its official currency. Paper currency in the form of banknotes was issued by privately owned banks, the notes being redeemable for specie at the bank's office. Such notes had value only if the bank could be counted on to redeem them; if a bank failed, its notes became worthless.
^β Some Modern United States commemorative coins are minted in this denomination. ^γ The United States government claims that it never officially released the 1933 double eagle. Examples of the coin were minted in that year, but were never released to circulation following Executive Order 6102.
Civil War-era coins made big headlines over the summer when a Kentucky man unearthed hundreds of lost gold coins and became about $2 million richer because of it. His discovery, made in a ...
Fractional currency, also referred to as shinplasters, was introduced by the United States federal government following the outbreak of the Civil War. These low- denomination banknotes of the United States dollar were in use between August 21, 1862, and February 15, 1876, and issued in denominations of 3, 5, 10, 15, 25, and 50 cents across five ...
The Great Kentucky Hoard is a hoard of more than 700 gold coins unearthed in an undisclosed part of Kentucky, United States, in the 2020s by a man on his own land. The finder of the hoard has remained anonymous. There were a total of more than 800 Civil War–era coins, of which over 700 were gold coins.
The rest of the coin is filled with the name of the country. [30] Art historian Cornelius Vermeule deemed the two-cent piece "the most Gothic and the most expressive of the Civil War" of all American coins. [33] "The shield, arrows, and wreath of the obverse need only flanking cannon to be the consummate expression of Civil War heraldry."
The Shield nickel was the first United States five-cent piece to be made out of copper-nickel, the same alloy of which American nickels are struck today. Designed by James B. Longacre, the coin was issued from 1866 until 1883, when it was replaced by the Liberty Head nickel.