When the South lost the Civil War, Confederate money became worthless as Reconstruction governments refused to honor any paper money issued by a state when it wasn’t a part of the United States.
About 40 boxes of the currency,supposed to be destroyed more than a century ago, were found stashed in South Carolina's State House basement and eventually moved to the state archives, where they sat for four more decades and only recently did officials realize they could cash in... on E-Bay.
A South Carolina $4 bill recently sold for $400.
Article: The State (Columbia, SC), June 5th.
Contributor: Ruth Fortini in Charleston, SC
Sunday, June 14, 2009
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"Save your Confederate Money the South Shall rise again"
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