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Are you interested in American history, and do you want to know a little more about Confederate money, such as Confederate minted coins? The Confederate States of America, also known as the Confederacy or the Confederate States was a government established during the nineteenth century during the Civil War. Yet, what else can you learn about the Confederacy? For example, what was their currency, where can you currently find Confederate minted coins?

The Confederate States of America

Confederate Minted Coins

The Confederacy was an unrecognized nation. It was established in 1861 by eleven southern states in the United States of America. These eleven southern states included: Alabama, South Carolina, North Carolina, Florida, Georgia, Louisiana, Texas, Mississippi, Virginia, Arkansas, and Tennessee.

The Confederacy was established on the principal of preserving the rights of the individual state and a decentralized federal government. The hot button issue of slavery and expansion of slavery into new states in the west is often considered a top reason for the break with the Union. The states feared that the United States government would soon outlaw slavery and the practice was considered essential to the southern agricultural economy. The U.S. government considered the act of secession unlawful. The establishment of the Confederate States, and their secession, sparked the Civil War and eventually lead to the end of slavery. The Confederate States lasted from 1861 to 1865.

What was the Currency in the Confederate States of America?

The paper currency was called the Confederate States of America dollar. The majority of engravers and blank plates were in the northern states. This meant that the early paper dollars of the Confederacy often lacked universal designs. Some dollars might have pictures of various goddesses, while others might have pictures of navy ships. The later paper currency in the Confederacy frequently showed pictures of Confederate politicians or military leaders, such as Jefferson Davis or Alexander Stephens.

All paper currency was hand signed as a way to ensure against counterfeiting. However, as the war grew increasingly severe, the government had to print more money. This meant that vast numbers of bills had to be hand signed, and women were hired as clerks to hand sign the bills.

The Confederate Minted Coins of the Confederacy

The cost of the Civil War meant that the Confederacy shipped the majority of its metals to Europe to purchase goods and supplies that it needed for the war. However, the government managed to produce some Confederate minted coins.

For example, a one-cent piece was produced. The front of the one-cent piece was the head of Minerva. Historians believe that fourteen of these coins were made. The creator of the coins, Robert Lovett, Jr. stopped producing them because he was afraid of getting caught by the North. Only approximately one hundred pennies were minted for the Confederacy. Originally, the coins were minted from nickel. Later, they were minted in gold, silver, and copper.

In 1861, four original half dollars were also created for the Confederacy. These original coins were a test to see if the coins would be able to release from the Confederate die. From these four original coins, two separate restrikes were issued. This resulted in a thousand coins.

Jefferson Davis dimes were also produced for the Confederacy. These dimes were minted in France, and were made from silver. However, the dimes weren’t minted for circulation.

What Are the Value of These Coins Today?

As of 2010, all the original Confederate half dollars are part of private collections, and their value is unknown. However, coins that are part of the restrikes can range anywhere from nine hundred to ten thousand dollars in value. The range is dependent upon the shape of the coin in question. If the coin is in mint condition than the value of the coin is higher. If the coin is damaged, the coin is worth less.

For the pennies, an original is worth more than one of the restrikes. An original might be worth over ten thousand, while a restrike penny might be worth only four thousand.