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On February 4, 1861, the Confederate States of America was formed, and almost immediately the first Confederate notes were printed – the famous “Montgomery” notes. These would be followed by many designs over the next four years. The seventy different designs or “type” notes are eagerly sought today by collectors, historians and family historians, and a collection of Confederate currency offers fascinating insights into the tumultuous Civil-War period. Pierre Fricke examines these series of Confederate notes, highlighting the history and circumstances in which they were created. This easy-to-read, fun and educational book offers an introduction to the often beautiful notes that financed the Confederacy.
Since shortly after the end of the Civil War, genuine Confederate paper money has been the subject of much research. While a number of publications are available today that describe and catalog the genuine currency, the availability of published information on its counterfeit counterpart is limited. What is available is somewhat incomplete, inaccurate and general in scope. This work is specifically concerned with the counterfeit currency that was produced and passed with genuine Confederate paper money during the Civil War years. The first part of the book is an historical narrative that discusses the events and people involved in the production and passing of counterfeit currency, and the countermeasures of the Confederate Treasury Department to protect its already weak medium of exchange from losing even more value. The second part of the book is an illustrated catalog that presents descriptions of all known examples of counterfeit Confederate currency. Over 180 illustrations are included and show most of the counterfeit notes. The appendix provides a brief, nontechnical explanation of the printing processes--relief printing, intaglio printing, and lithography--used in the mid-nineteenth century to manufacture counterfeit currency.
Confederate Currency Exhibition Catalogue is the companion book to the nationally acclaimed traveling exhibition by John W. Jones. The exhibition pairs images of enslaved Africans engraved on Confederate money with paintings inspired by the engravings.The popular exhibition has broken museum attendance records and has been critiqued and described in articles in 456 publications, including The New York Times, the Wall Street Journal and Time magazine. CNN, PBS and NPR.In the book, slaves are shown clearing farmlands, planting cotton, hoeing fields, picking cotton, baling cotton, carrying cotton, bringing cotton bales to the market, steamboats and trains. There are bank notes showing slaves cooking for their white masters in SC, picking sugar cane in Tennessee and Alabama, harvesting turpentine in Georgia, carrying tobacco in Texas, feeding a horse in Virginia, harvesting corn in Missouri, working in a factory in NC, and even working on a wheat farm for George Washington.This book is the first documentation of slavery on Confederate and Southern money in one collection, and is sure to become an indispensable reference work for paper money collectors. The introduction, five scholarly essays and time-line will interest historians, museum professional, students and general readers. It includes a free CD-ROM with images of hundreds of additional currencies that show depictions of slavery.
A photographic guide to Confederate currency issued by the Confederate States Government during the War Between the States (US Civil War). This must have book for the Confederate currency collector is loaded with reference material and current banknote values. Contains color photos of the actual currency.
Confederate Finance, first published in 1954, looks at the measures taken by the Confederacy to stabilize its currency and offer a basis for foreign exchange. By the end of the Civil War, the Confederacy had resorted to a number of financial expedients, including the most desperate of measures. The Confederate government seized the property of enemies, levied direct taxes, and placed duties on exports and imports. In addition, donations and gifts were gratefully accepted. All the while, treasury notes flooded the market, and loans were floated in an attempt to continue the Confederacy's existence. Richard Cecil Todd shows how these measures were used by the Confederate government to meet its obligations at home and abroad. He also discusses the organization and personnel of the Confederate Treasury Department.
This is a story of a remarkable woman - Lucy Holcombe Pickens - the wife of Francis Wilkinson Pickens, governor of South Carolina on the eve of the Civil War.
“Captivating . . . [Lowenstein] makes what subsequently occurred at Treasury and on Wall Street during the early 1860s seem as enthralling as what transpired on the battlefield or at the White House.” —Harold Holzer, Wall Street Journal “Ways and Means, an account of the Union’s financial policies, examines a subject long overshadowed by military narratives . . . Lowenstein is a lucid stylist, able to explain financial matters to readers who lack specialized knowledge.” —Eric Foner, New York Times Book Review From renowned journalist and master storyteller Roger Lowenstein, a revelatory financial investigation into how Lincoln and his administration used the funding of the Civil War as the catalyst to centralize the government and accomplish the most far-reaching reform in the country’s history Upon his election to the presidency, Abraham Lincoln inherited a country in crisis. Even before the Confederacy’s secession, the United States Treasury had run out of money. The government had no authority to raise taxes, no federal bank, no currency. But amid unprecedented troubles Lincoln saw opportunity—the chance to legislate in the centralizing spirit of the “more perfect union” that had first drawn him to politics. With Lincoln at the helm, the United States would now govern “for” its people: it would enact laws, establish a currency, raise armies, underwrite transportation and higher education, assist farmers, and impose taxes for them. Lincoln believed this agenda would foster the economic opportunity he had always sought for upwardly striving Americans, and which he would seek in particular for enslaved Black Americans. Salmon Chase, Lincoln’s vanquished rival and his new secretary of the Treasury, waged war on the financial front, levying taxes and marketing bonds while desperately battling to contain wartime inflation. And while the Union and Rebel armies fought increasingly savage battles, the Republican-led Congress enacted a blizzard of legislation that made the government, for the first time, a powerful presence in the lives of ordinary Americans. The impact was revolutionary. The activist 37th Congress legislated for homesteads and a transcontinental railroad and involved the federal government in education, agriculture, and eventually immigration policy. It established a progressive income tax and created the greenback—paper money. While the Union became self-sustaining, the South plunged into financial free fall, having failed to leverage its cotton wealth to finance the war. Founded in a crucible of anticentralism, the Confederacy was trapped in a static (and slave-based) agrarian economy without federal taxing power or other means of government financing, save for its overworked printing presses. This led to an epic collapse. Though Confederate troops continued to hold their own, the North’s financial advantage over the South, where citizens increasingly went hungry, proved decisive; the war was won as much (or more) in the respective treasuries as on the battlefields. Roger Lowenstein reveals the largely untold story of how Lincoln used the urgency of the Civil War to transform a union of states into a nation. Through a financial lens, he explores how this second American revolution, led by Lincoln, his cabinet, and a Congress studded with towering statesmen, changed the direction of the country and established a government of the people, by the people, and for the people.
When building a collection of Confederate paper money, knowledge of rarity, prices, and especially grading is critical. Fricke provides a thorough introduction.