Collecting Confederate Notes or Confederate Currency

During the Civil War there were many notespay of the confederate veterans. The
issued by the Confederate States of America ofConfederate soldiers received their pay in these
interest to Numismatic and Civil War collectors.notes. Some of these notes bore the statement
Confederate notes or Confederate currency areapproximately as follows: "Six months after a
unique in the fact that their chief difference is inratification of a treaty of peace between the
the values, engravers, lithographers, printerUnited States of America and the Confederate
names, figures, designs, colors, water marks,States of America, pay to the bearer the sun of
serial letters and other distinguishing features.The______ dollars, with interest at 8 percent." As
first of these were issued at the first capitol ofthere was no treaty of peace favorable to the
the Confederacy, which was at Montgomery,Confederates, these notes lost their value upon
Alabama under the Act of March 9, 1861. All otherthe unconditional surrender of the Confederates
after that date were issued from a new capitol atto General Grant. Many of the wealthier
Richmond, VA. Over 60 different notes wereSoutherners had invested all their money in these
issued from 1861 to 1864 in values of $1000.00,notes and were for the most part bankrupt at
$500.00, $100.00, $50.00, $20.00, $10.00, $5.00,the end of the war.Glyn Farber has published a
$2.00, $1.00, and 50 cents. The Confederatecatalog of all known Hickey Brother Cigar Store
issues may be compared with the continentalTokens and co-authored a book about Louisiana
issues, during the war of independence. At theTrade Tokens. In addition he wrote several
end of the Civil War, Confederate notes were ofarticles for The Token and Medal Society (TAMS)
little value. However, today the value of theseand The National Token Collectors Association
notes are far from worthless. Prices range from(NTCA). Glyn has been a devoted collector of
under $100.00 for most to $10,000 orLouisiana Trade Tokens, Louisiana collectibles and
more.These Confederate notes represented theLake Charles, LA postcards for almost 40 years.