Confederate Currency, Confederate States of America, Five Hundred Dollars, 1864

Summary

By the end of the Civil War, the cost of living in the South was 9,000% greater than it had been before the war started. A cake of soap could sell for $50 and an ordinary suit of clothes for $2,700. Once the war was lost, millions of Southerners were left holding piles of worthless Confederate paper currency.

By the end of the Civil War, the cost of living in the South was 9,000% greater than it had been before the war started. A cake of soap could sell for $50 and an ordinary suit of clothes for $2,700. Once the war was lost, millions of Southerners were left holding piles of worthless Confederate paper currency.

Artifact

Paper money

Date Made

1864

Subject Date

17 February 1864

Location

Not on exhibit to the public.

Object ID

30.1104.43

Credit

From the Collections of The Henry Ford.

Material

Paper (Fiber product)

Dimensions

Height: 3.25 in

Width: 7.25 in

Inscriptions

In part recto: 500 / TWO YEARS AFTER THE RATIFICATION OF A TREATY OF PEACE BETWEEN THE CONFEDERATE STATES & THE UNITED STATES / THE CONFEDERATE STATES / OF AMERICA / WILL PAY TO THE BEARER ON DEMAND / FIVE HUNDRED DOLLARS / RICHMOND / FEB 17 1864 / 33171 (stamped)

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