Make money selling confederate money

We sell a wide range of Obsolete bank notes, United States and Confederate States currency spanning the s through the s. Selected items are pictured in the gallery. Since we have far more inventory than we can post pictures for, please contact us for pictures or scans for items not featured in the galleries. Presumably backed by gold, this currency was used locally to simplify commerce for transactions requiring gold coins. There were over 3, banks and related institutions that issued this money in more than 50, monet designs! A fascinating area to collect, collectors usually focus on towns or state important to them or the vignettes on the notes like eagles or trains. I use the traditional or collector grading described in Collecting Make money selling confederate money Paper Money as well as third party grading with my modifying stickers indicating superior notes — plus, choice and gem for the grade.

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A fter the Civil War broke out in , the newly established Confederate government began to issue its own money as legal tender to the citizens of the South. Notes were issued for the next three years, ending in A total of 70 different types were issued into circulation. A lmost every Confederate note was painstakingly hand signed and numbered. These notes were printed on large sheets and then cut apart by hand. It is not uncommon for these notes to have uneven margins, as getting these notes into circulation was more important than making sure each note had an accurate cut. C ounterfeiting became a major problem for the South. The North played a big role in this action by printing counterfeit notes and distributing them in the South causing massive inflation. W hen the Civil War was over, the Southern infrastructure was in disarray.

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The Southern banks had no money to loan, and the price of cotton fell drastically. Confederate notes had no value at all. The US never recognized the Confederate States of America as a legitimate government, so the money, stocks, and bonds that were printed by the Confederacy had no value, and could not be transferred into US funds. Anyone who had invested in the Confederate government, with notes, bonds, or stocks, lost the value of what they had invested. T oday, the value of these notes is far from worthless. Their prices range from under one hundred dollars for the most common and heavily printed series, to the tens of thousands for the rarest. Most of the heavily printed issues are still readily available to some extent, while the rarer issues are tightly held by collectors, and don’t surface that often. One thing is certain though, quality Confederate notes have shown to steadily increase in value over the years, and make a good investment.

When the Civil War began, the Confederacy quickly found itself facing a pressing issue: fighting a protracted war is really, really expensive. With a Union naval blockade diminishing the lucrative international cotton trade, the Confederacy needed a way to raise some quick cash. Instead, the Confederacy started printing its own money. As short term solutions go, printing your own cash is a fairly elegant one. Of course, in the long term, simply setting up a printing press and cranking out money without a comprehensive monetary policy and financial system in place can be a truly terrible idea. If the Union came out on top, the Confederate money would be worthless. In a lesson straight out of freshman economics, as the supply of Confederate bills shot up, their value crashed.

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Minervarailroad National Bank Note Company 1, issued [32]. Related topics. Confirm Password. If you’re running on fumes, financially speaking, but you have some money coming your way soon, consider pawning something of value to borrow make money selling confederate money cash. Near the end of the war, the currency became confederaet worthless as a medium of exchange. You can make some good money, especially if you live in a tourist destination. UTSA is currently ranked to by U. This works best for conffderate like maternity clothes, old children’s clothes, clothes that you haven’t worn in years or are confererate out of style. Views Read Edit View history. People love to get things for free, but they feel obligated at the end to give something in return. If you don’t mind throwing caution to the wind, consider becoming a participant in medical studies or drug trials. Virginia State Capitol ; C. This platform along with others offers bigger tasks, such as home renovations, as. UTSA says the cost will be makd by scholarships, grants, and other exemptions on the state and federal levels.

This is one of my favorites and is certainly one of the more beautiful notes ever issued, Confederate or. The South never used dollar signs, but there are a mkney big «C»s on the note. We’ve all heard of «C» notes!? The Confederate States of America released their first issue of paper money in April,when their provisional government was only two months old. The Civil War started that same month.

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The US Congress, on ,oney brink of bankruptcy and pressed to finance the Civil War, authorized the United States Treasury to issue paper money for the first time that same year. Moneu to the scarcity of metal, however, the Confederacy never issued coins, instead releasing seventy different paper note ‘types’ between and For some types there are no varieties. Other types have thousands of minute variations, e. For a short time after the outbreak of the Civil War, Confederate currency was accepted throughout the South as a medium of exchange with high purchasing power.