What is the confederation dollar?

The

Confederate dollar was a currency of America's Confederate States. It was used only during the civil war and quickly lost value during the war. Although the currency no longer has any value as money, it is often considered a collector's item that is value in the historical sense. During the period when a confederation dollar was used as a currency, counterfeiting was the main problem. Today, the collectors are valuable as both real and fake versions of the confederation dollar.

In April 1861, Confederate Dollar became a currency of America's confederation states. The accounts were printed in various designs, represented scenes of black slaves, historical characters and mythical gods. Later the accounts were prominent Southerners. In the scenes depicted were large variations and types of paper used, which left the dollar confederation very vulnerable to counterfeiting.

Fandication was easy due to the great diversity of accounts. One Way in which the accounts were protected from counterfeiting is that with the exception of 50 cents they were signedy two people. However, this did not do much to stop uncontrolled counterfeiters. Not only was the signature easy, but most of the notes were also signed by one of many women working as officials specifically to sign accounts for the register or treasurer.

While counterfeiting certainly contributed to the problems facing the confederation dollar, the primary reason why it failed was that he relied on the belief in the ability to win the war and remain a nation. Inflation caused the accounts to be worthless. For example, a small amount of soap could cost up to $ 50 confederation. If the South won the war, it is possible that the currency could be saved or never really failed.

In addition to paper dollars, there were also some coins. These were rare because of the need for precious metals to finance war. Many of the original dies that existed today in institutions such as the Smithsonian Museum.

Fourteenth Appendix United StatesThe US formally states that the currency of the Confederation will not be recognized. Despite their zero states such as money, accounts in particularly good condition and highly rare diversity can have many times for the amount printed on the account. The best way to identify the value of any specific law is to consult a professional book collection book. Collector items are primarily valuable only for people who want them, but if there is interest in history, it is likely that the confederation accounts will have some value.