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In late April 1861, four Confederate half dollars were struck on a hand press by employees of the New Orleans Mint. Because of the high relief of the coin die, a test striking was made to determine if coins would release from the Confederate die.
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.
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.
The date on the latest coins of the hoard was 1863. In May 1861 the Kentucky Legislature passed a Declaration of Neutrality which was violated many times soon after. [4] [5] Amongst such incursions, many wealthy residents at the time were rumored to bury their savings, to prevent it from being confiscated by the Confederates.
The '5 cent bill from 1861 was among the smallest denomination bills printed during the confederacy of North Carolina. It was also one of the smallest physical bills, measuring approximately 3" by 1 5/8". [citation needed]. By 1863 barter was replacing currency and a tenpenny nail was used in place of this note. [1]
On History Channel's hit show "Pawn Stars," a man came in to sell a 1907 Saint-Gaudens double eagle $20 gold coin. The coins are extremely rare, and some of them have sold for more than $1 million ...
In December 1861, the Trent Affair shook public confidence with the threat of war on a second front. The United States Department of the Treasury suspended specie payments [8] and banks in New York City stopped redeeming paper money for gold and silver. [9] In the absence of gold and silver coin, the premium for specie began to devalue paper ...
Confederate States dollar banknotes (featured picture set) (72 F) Pages in category "Confederate States of America currency" ... NC 1861 5 cent rear.jpg 777 × 436 ...
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