Tag Archives: money

Confederate Currency

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The risible quality of Confederate currency during the war is well known.  This little tidbit, however, was news to me.  I wonder if there are currency speculators disguised as land speculators in the South, buying post-bellum properties in the hopes that their once worthless now priceless insulation is intact?

At one time, he said, Confederate currency was so abundant that huge amounts of it were used as insulation in homes built after the war.

“Using currency was cheaper than buying paper at that time,” he said. “Sometimes you’ll hear about tearing into an old house and finding Confederate money. It’s not all that surprising.”

 

via Aiken author explores Civil War’s Confederate currency | The Augusta Chronicle.

Confederate Gold

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I’m just wrapping up the Shelby Foote audiobooks, and listening to the Confederate cabinet parsing out the remains of the treasury. I appear to be the last person on Earth for whom “Confederate Gold” didn’t ring any bells. Does this mean I’m too late to head South with my metal detector and spade?

Accordingly the group set out on their assigned mission, but unfortunately their scouts met Union troops before they got to Augusta. The group returned to the Chennault Plantation. Parker was unable to receive further instructions from Davis because he had already left Washington. It was on this night that the gold disappeared in a hijacking about 100 yards from the porch of the house. One theory says that the treasure was buried at the confluence of the Apalachee and Oconee rivers. Some say that the gold was divided among the locals…

As time went by, the Chennault plantation became known as the “golden farm,” and for many years after that people came there to search for the missing gold. Down through the years, many gold coins have been found along the dirt roads near the plantation following a heavy rain storm.

http://www.kudcom.com/www/gold.html