What does confederate states dollar mean?
Definitions for confederate states dollar
con·fed·er·ate states dol·lar
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Wikipedia
Confederate States dollar
The Confederate States dollar was first issued just before the outbreak of the American Civil War by the newly formed Confederacy. It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the Civil War progressed and victory for the South seemed less and less likely, its value declined. After the Confederacy's defeat, its money had no value, and both individuals and banks lost large sums. The first series of Confederate paper money, issued in March 1861, bore interest and had a total circulation of $1,000,000. As the war began to tilt against the Confederates, confidence in the currency diminished, and the government inflated the currency by continuing to print the unbacked banknotes. By the end of 1863, the Confederate dollar (or "Greyback", to distinguish it from the then-new "Greenback" paper US dollar, which was likewise put into circulation during the war) was quoted at just six cents in gold, and fell further still. The Greyback is now a prized collector's item, in its many versions, including those issued by individual states and local banks. The various engravings of leading Confederates, gods and goddesses, trains, ships and slaves on these hastily printed banknotes, sometimes cut with scissors and signed by clerks, continue to stimulate debate among antique dealers, with even some of the counterfeit notes commanding high prices.
Numerology
Chaldean Numerology
The numerical value of confederate states dollar in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of confederate states dollar in Pythagorean Numerology is: 8
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"confederate states dollar." Definitions.net. STANDS4 LLC, 2024. Web. 31 May 2024. <https://www.definitions.net/definition/confederate+states+dollar>.
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