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The first series of Confederate paper money, issued in March 1861, bore interest and had a total circulation of $1,000,000. [1] As the war began to turn against the Confederates, confidence in the currency diminished, and the government inflated the currency by continuing to print unbacked banknotes.
Counterfeiting Confederate currency bills as souvenirs during the Civil War Samuel Curtis Upham (February 2, 1819 – June 29, 1885) was an American journalist, lyricist, merchant, bookkeeper, clerk, navy officer, prospector, and counterfeiter, during the later part of the 19th century, sometimes, known as "Honest Sam Upham".
Media in category "Confederate States of America currency" This category contains only the following file. NC 1861 5 cent rear.jpg 777 × 436; 164 KB
The Confederate State of North Carolina issued currency during the years 1861, 1862, 1863 and 1864. The most recent state currency issue prior to this were the Colonial American banknotes issued during the 18th century. Many North Carolina banks also issued currency during this period.
The Confederate States Department of the Treasury was the department of the executive branch of the Confederate States of America responsible for the administration of the economic affairs of the Confederacy. These affairs including the issuing of debt, the collecting of taxes, the printing of money, and the administration of customs.
Counterfeit money is currency produced outside of the legal sanction of a state or government, usually in a deliberate attempt to imitate that currency and so as to deceive its recipient. Producing or using counterfeit money is a form of fraud or forgery , and is illegal in all jurisdictions of the world.
The continuing opposition of the GAR to the coins dampened sales in the North, [53] and there was considerable criticism of the coin issue in newspapers. [54] Counterstamped Stone Mountain Memorial half dollar. One means of fundraising that Harvest Campaign administrators decided on was to counterstamp some of the coins for sale at premium ...
The main prewar agricultural products of the Confederate States were cotton, tobacco, and sugarcane, with hogs, cattle, grain and vegetable plots. Pre-war agricultural production estimated for the Southern states is as follows (Union states in parentheses for comparison): 1.7 million horses (3.4 million), 800,000 mules (100,000), 2.7 million dairy cows (5 million), 5 million sheep (14 million ...