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Confederate President Jefferson Davis asked private citizens to restore the value of the Confederate dollar by mutually agreeing to sell and buy items only at reduced prices. [4] 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 ...
On February 25, 1862, Congress passed the first Legal Tender Act, which authorized the issuance of $150 million (~$3.57 billion in 2023) in United States Notes. [ 11 ] Since the reverse of the notes was printed with green ink, they were called "greenbacks" by the public and considered to be equivalent to the Demand Notes, which were already ...
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Official $20 bill prototype featuring Harriet Tubman. In a campaign called "Women on 20s", selected voters were asked to choose three of 15 female candidates to have a portrait on the $20 bill. The goal was to have a woman on the $20 bill by 2020, the centennial of the 19th Amendment which gave women the right to vote. [13]
Media in category "Confederate States dollar banknotes (featured picture set)" The following 72 files are in this category, out of 72 total. CSA-T1-$1000-1861.jpg 4,500 × 1,953; 10.73 MB
Just like coin collectors, paper bill collectors also know that these can be extremely valuable. And if you have old Confederate bills stashed away, their value could surprise you -- and it might ...
After the New York banks suspended specie payments (quickly followed by Boston and Philadelphia) [11] the premium on gold rose from 1–3% over paper in early January 1862 to 9% over paper in June 1862, [10] by which time one paper dollar was worth 91.69 cents in gold. [10]
The more common five-dollar notes usually range in price from $2,000 to $25,000. Ten dollar notes of the more common varieties usually have a value range of $4,000 to $30,000. Price ranges of the twenty dollar notes with "for the" engraved and from New York, Boston, and Philadelphia usually vary from $40,000 up to $100,000.