kevikens
2nd Lieutenant
- Joined
- Jun 7, 2013
- Location
- New Jersey
Up until almost the outbreak of the war the US Government recognized the gold and silver coins of some countries as legal tender coinage within the US. As part of this practice the federal government published lists of those foreign coins and at what value they would pass as US legal tender. This practice ended in 1857.
For the South, desperate for anybody's specie, was there any attempt to accept and regulate "foreign money" and make it legal tender in the South during the war? If so, did they publish a list of what foreign specie coins were lawful and at what value they would pass? If I remember correctly, in that last train load of valuables out of Richmond in April of 1865, guarded by Confederate naval personnel, there were sacks of coins, some of which contained supposedly a number of "foreign" coins. I wonder what they consisted of.
For the South, desperate for anybody's specie, was there any attempt to accept and regulate "foreign money" and make it legal tender in the South during the war? If so, did they publish a list of what foreign specie coins were lawful and at what value they would pass? If I remember correctly, in that last train load of valuables out of Richmond in April of 1865, guarded by Confederate naval personnel, there were sacks of coins, some of which contained supposedly a number of "foreign" coins. I wonder what they consisted of.