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Postage (or postal) currency was the first of five issues of US Post Office fractional paper money printed in 5-cent, 10-cent, 25-cent, and 50-cent denominations and issued from August 21, 1862, through May 27, 1863. [16] Spinner proposed using postage stamps, affixed to Treasury paper, [17] with his signature on the bottom (see illustration ...
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 '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]
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The lower the serial number, the more valuable the currency is considered to be; a bill with the serial number 00000001 could be worth $15,000, according to SavingAdvice.com. 2. High Number
However, $2 bills printed between 1862 and 1918 can be worth $50 in well-circulated condition and $500 or more in mint condition. If you come across an uncirculated $2 bill, it could be worth ...
In 1863, a new 2¢ Jackson design appeared, engraved in steel by Frederick Halpin (1805–1880) and printed by Archer & Daly in pale red. A second printing appeared in brown red. Line-engraving would be employed in all subsequent Confederate stamps. Also in 1863, a 10-cent stamp was released bearing the profile of Jefferson Davis in blue.
Although Old Money Prices claims most are worth an average of $1,650, some $1,000 bills have been sold for over $100,000. $5,000 Bill The $5,000 bill featured President James Madison and was last ...