Category Archives: southern states currency

Q&A: Can recovered money issued by the Confederate States of America be redeemed for modern money?

The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers, 5th edition:
Q: What is the difference between “Confederate money” and “Southern States currency”?
A: “Confederate money” is considered to be that issued under the specific authorization of the Confederate States of America, with the first notes being issued in Montgomery and Richmond in early 1861, an authorized circulation limit of $1 million authorized by an Act of March 9, 1861, passed by the Confederate Congress. The seventh issue dated February 17, 1864, was the last, the authorization being for unlimited quantities, which likely amounted to about a billion dollars

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