Civil War money

           
             Did you ever see the money from the Civil War? This is very interesting.
  People started using paper money because of the war, whether or Confederation States. There are also several special modern commemorative coins that are related to the Battle of Gettysburg and President Lincoln.The Civil War created a shortage of coins, so the bill is the first official of the United States appeared in circulation. Were issued $ 5, $ 10 and $ 20 was published in 1861.In 1862, they began to produce the United States notes, also known as Legal Tender, which more closely resembled our modern paper money.Printing too much money would lead to inflation, but the North to avoid this by raising taxes and income taxes in 1862 and 1864.         Paper coinThe coins were in such short supply that dealers have tried using a credit receipt or even with postage stamps as money!Thus, in 1862 the U.S. government made a small paper money in coin denominations: 5, 10, 25 and 50 cents. This is called the postal currency, but modern collectors prefer to call it Fractional currency.

     Lack of money civil war was even worse in the south. Banks lend their coins and bullion in the Confederate government at the beginning of the Civil War, so it was a simple barter between people, espcially soldiers exchanged with coffee and tobacco instead of money, the Civil War. Merchants issued tokens to try to cope with the shortage of coins, and most states issued their own notes. There were even some cotton bond in coins. Coins in circulation during this period did not have the motto "In God We Trust", printed on them. Started churning out the inscription after Mint Act of March 3, 1865.Civil War paper money production.  Confederate States of America do not want to use the money that has been the United States of America printed on it, so they make money with images CSA officials and southern characters, such as slavery, cotton bales, and ships. Hundreds of hands clerks signed noty.Podpisanty were mostly women, and it can be an interesting part of genealogy research to find a relative who signed the money. See the book of Confederate currency and for a list of names. Shortage also affected the printing of money, since there were only 20 paper mills in the South, and it was the era when the paper was made from linen and cotton rags, but not a tree. Rags was a demand for dressing wounds, therefore, they had to transport the paper in England and the North!
 Confederate States of America, not the tax on first glance. They left a shortage of money to the state that issued the bonds and paper money, but it caused an increase inflyatsii.Yuzhnye government thought that cotton is equal to gold, as they were the largest cotton growing area in the world, but by that time, the lack of developed They were under siege and unable to deliver most of the cotton.
              Mint Production
 The Federal Mints located in the South were located in:
    Charlotte, North Carolina
    Dahlonega, Georgia
    New Orleans, Louisiana
 They changed ownership peacefully since Southern workers were sympathetic to the Confederate cause. Each mint struck small quantities of coins in early 1861, but they soon stopped due to the supply shortage. Most metals were going into weapon production. Also, these coins used the same United States die patterns as before the Civil War. Only four half dollars were struck with a Confederate design at New Orleans.
At the End of the Civil War.
 The federal government refused to redeem Confederate Civil War money at the end of the Civil War. Some notes were collected by companies and used to print advertising.