Confederate States of America, $5 Note - 1864 - American Civil War

Confederate States of America, $5 Note - 1864 - American Civil War

$39.99
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Includes archival-grade plastic banknote sleeve for protection. Size: 7 x 3 inches Issuing Location: Richmond, Virginia Date: February 17th, 1864 Face Side: Capital building at Richmond, Virginia in the center, with a portrait of Christopher Gustavus Memminger in the bottom right (author of the CSA's Provisional Constitution and first Secretary of the Treasury). Hand penned signatures of Confederate officials in iron gall ink on the bottom. Back Side: Denomination of the bill in blue ink. About Confederate Banknotes: At the beginning of the Civil War, the 11 states of the newly formed Confederacy needed currency to fund the war effort. Known as "greybacks," the new Confederate banknotes were not backed by any hard assets, but rather by a promise to pay the bearer back after the war. Specifically, many stated that payment would come “two years after the ratification of a treaty of peace between the Confederate States and the United States.”  Ironically, the initial batch of Conf

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