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- Confederate Bond, Five Thousand Dollars, 1862 - Stella Williams was a wealthy orphan in 1860, living with her aunt and uncle in Richmond, Virginia. In January 1862, 19-year-old Stella purchased this $5,000 bond -- equal to one-fourth of her wealth. At 8% interest, it seemed like a good investment. Initially, at least, it was. Once the war was lost, Southerners like Stella were left holding now worthless Confederate bonds.
- January 17, 1862
- Collections - Artifact
Confederate Bond, Five Thousand Dollars, 1862
Stella Williams was a wealthy orphan in 1860, living with her aunt and uncle in Richmond, Virginia. In January 1862, 19-year-old Stella purchased this $5,000 bond -- equal to one-fourth of her wealth. At 8% interest, it seemed like a good investment. Initially, at least, it was. Once the war was lost, Southerners like Stella were left holding now worthless Confederate bonds.
- Confederate Currency, Monticello Bank, Two Dollars, 1861 - Confederate currency during the Civil War was anything but uniform -- it had various designs, numerous issuers, and was redeemable for payment in different ways. The Confederate Treasury printed bank notes. And individual states and cities issued their own paper currency, too. This decentralized Confederate monetary system reflected Southern values -- Southerners prized states' rights over a strong central government.
- May 01, 1861
- Collections - Artifact
Confederate Currency, Monticello Bank, Two Dollars, 1861
Confederate currency during the Civil War was anything but uniform -- it had various designs, numerous issuers, and was redeemable for payment in different ways. The Confederate Treasury printed bank notes. And individual states and cities issued their own paper currency, too. This decentralized Confederate monetary system reflected Southern values -- Southerners prized states' rights over a strong central government.