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1860's Confederate Notes found in the UK

Started by dooly,

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wheat'swheats

wheat'swheats

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cheers for the reply (thumbs u

You might want to keep your eyes peeled for more. After the War of Northern Aggression, many people in GB bought up Confederate Currency, and bonds thinking that the US Govt. would honor the debt and buy back the paper for a profit. The largest single hoard of Montgomery $500 and $1000 were found in England by Grover Criswell in the 1960s. Also some of the rarest Confd. Bonds and the largest hoard of bonds were also found in GB.

Wheat

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wheat'swheats

wheat'swheats

Posted
Posted
cheers for the reply (thumbs u

You might want to keep your eyes peeled for more. After the War of Northern Aggression, many people in GB bought up Confederate Currency, and bonds thinking that the US Govt. would honor the debt and buy back the paper for a profit. The largest single hoard of Montgomery $500 and $1000 were found in England by Grover Criswell in the 1960s. Also some of the rarest Confd. Bonds and the largest hoard of bonds were also found in GB.

Wheat

Just a note on why these notes and bonds became worthless and unredeemed by the U.S. was section 4 of the 14 th amendment to the constitution which states that " any debt incurred in the support of insurrection or rebellion against the United States shall be null and void." They were declared illegal by the victorious north.

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