State, City, County and Local Confederate Currency as issued during the Civil War

State, city, county & local confederate currency

Confederate Money of the individual Southern States, Counties and Towns

This section of confederate money deals with the state and local issues of the Southern States that were printed during the Civil War. Hard currency was very scarce in the South during the rebellion and most of the States had to issue their own currencies, in order to transact business. In addition to the States, a lot of the southern counties, towns and businesses also issued currency. This financial system soon imploded on itself as the Confederate States of America had very little gold, silver or hard assets to back up all this paper money that the South had in circulation. Most of this type of confederate money is very scarce today because after the Civil War the 14th amendment to the Constitution was passed which stated that the Government or states were not responsible for any debts incurred during the insurrection or rebellion against the United States. This made all the southern confederate money completely worthless as it could never be redeemed. Therefore most of the confederate money of this type was destroyed and few examples exsist today of this era of our Nation's history.