1863 $100 Compound Interest Treasury Note. Call Us. Value: The value of one dollar notes from 1862 is based on condition and serial number. In 1861, Robert Lovett Jr. of Philadelphia was commissioned to design, engrave and make a one cent piece for the Confederacy. We can ship to such stores including UPS Stores, various mail and packing stores, freight forwarders, etc. Confederate railroads in the American Civil War, Learn how and when to remove this template message, Economy of the Confederate States of America, Fourteenth Amendment to the United States Constitution, Grant's Army: Gold Out of Sight in Richmond: Rebel Paper Absolutely Worthless, A Conferate Christmas: The Hard Lines of the Southerners in the Winter of '64, "Confederate Inflation Rates (1861 - 1865)", "$1,000 1861 Confederate States of America Note", "Virtual Gettysburg-Featured Confederate Currency-Criswell Type 45", "NMAH | Legendary Coins & Currency: Confederacy, 5 Dollars, 1862", "NMAH | Legendary Coins & Currency: Confederacy, 10 Dollars, 1863", "Type 8 confederate money 50.00 George Washington scarce Choice Unc", "A Pledge of a Nation: Charting the Economic Aspirations, Political Motivations and Consequences of Confederate Currency Creation", Money of the Confederate States of America, Photos and descriptions of Confederate Currency in McCune Collection, Boston Athenum: Paper Currency from the Confederate States of America, Digital Collection, Civil War Confederate Currency Collection from Georgia State University, List of Union Civil War monuments and memorials, List of memorials to the Grand Army of the Republic, Confederate artworks in the United States Capitol, List of Confederate monuments and memorials, Removal of Confederate monuments and memorials. (2017). The Seated Liberty obverse of the coins were flattened some because of the one-sided strike. Old Money Prices is a refreshing professional, I hope to do business again soon. Here's a list of the top 10 most valuable pennies for 2023: Copyright 2023 NBCUniversal Media, LLC. If you dont see your question answered here, feel free to reach out to us today, wed love to chat. $500.-$1200. Gold Coins. As a result, demand for $2 notes skyrocketed along the border.". According to the auction site, the less a bill has been in circulation, the greater its value. in2013dollars.com is a reference website maintained by the Official Data Foundation. Read more about inflation and investment. After seizing and appropriating the bullion reserves stored at the facilities, the Confederate Treasury, led by C. G. Memminger, determined that the cost of minting coins far outweighed the benefits. Comments include the portraits or vignettes listed from left to right, the engraver and/or publisher of the note, and the number of notes issued. Fearing prosecution for aiding the enemy, he stopped his work and hid the coins and dies in his cellar. Sort by. 1 Dollar, Legal Tender Note, United States, 1862 The first series of Confederate paper money, issued in March 1861, bore interest and had a total circulation of $1,000,000. Many variations in plates, printing and papers also appear in most of the issues, due in large part to the limits on commerce resulting from the Union blockade and the inadequate Confederate railroads in the American Civil War. This chart shows a calculation of buying power equivalence for $1 in 1862 (price index tracking began in 1635).
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