Coins, Currency, and Medals

The museum possesses one of the largest and most diverse numismatic collections in the world. Its diverse holdings represent every inhabited continent and span more than three millennia. The collection includes coins, paper money, medals, tokens, commodity and alternative currencies, coin dies, printing plates, scales and weights, financial documents and apparatuses, credit cards, and objects that reflect established and emerging digital monetary technologies worldwide.

A decade or so after the California Gold Rush began in the late 1840s, gold was discovered on the South Platte River, near the future city of Denver.
Description
A decade or so after the California Gold Rush began in the late 1840s, gold was discovered on the South Platte River, near the future city of Denver. As with the earlier strike, this one occasioned disputes over the value and purity of gold dust, as well as great difficulties in getting the precious metal all the way to Philadelphia to be coined there, and shipped back again.
Matters would be greatly simplified if a coiner, either private or public, could set up shop near the gold fields. A good candidate existed-Clark, Gruber & Co. Up to now, the firm had acted as brokers, bankers, and assayers. But if a coinage was wanted, Austin and Milton Clark and Emmanuel Gruber were up to the challenge and had the resources to do it right.
Milton Clark went back East to get the necessary machinery, three lots were purchased in Denver, and a two-story brick building soon went up on the property. Trial strikes of the four denominations to be coined ($2.50, $5, $10, and $20) were ready for inspection by mid-July 1860, and formal coinage began about a week after that.
One of the firm's most famous products showed a marvelous, if unrealistic, image of Pikes Peak, beneath which Denver-and the Clark, Gruber enterprise-sat. The facility remained in operation through 1862, although all of its coins were dated 1860 and 1861. It was elbowed out of the coining business in April 1863. It turned first into a federal assay office, then 43 years later, into another branch of the United States Mint.
date made
1860
mint
Clark, Gruber & Co.
ID Number
1985.0441.2226
catalog number
1985.0441.2226
accession number
1985.0441
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1863
ID Number
1998.0063.0536
accession number
1998.0063
catalog number
1998.0063.0536
One (1) 10 dollar coinUnited States, 1860Obverse Image: Pikes Peak mountain.Obverse Text: PIKES PEAK GOLD / TEN D. / DENVERReverse Image: Heraldic eagle with shield clutching arrows and olive branch.Reverse Text: CLARK GRUBER & CO.
Description (Brief)
One (1) 10 dollar coin
United States, 1860
Obverse Image: Pikes Peak mountain.
Obverse Text: PIKES PEAK GOLD / TEN D. / DENVER
Reverse Image: Heraldic eagle with shield clutching arrows and olive branch.
Reverse Text: CLARK GRUBER & CO. / 1860
Description
Austin Clark and his brother Milton joined forces with a merchant named Emanuel Gruber to create the most successful private coiner in Jefferson Territory (today's Colorado), Clark, Gruber & Co. The partners had enough resources among them to ensure that any mint they set up would have the best in modern machinery and metallurgy. While Milton Clark hurried back east to purchase dies and presses in New York and Philadelphia, Austin Clark and Emanuel Gruber stayed behind, purchasing three lots in Denver City and erecting a fine brick building for a fine new territorial mint.
Coining got under way in July 1860. The first pieces struck featured one of two designs. For quarter and half eagles, the designs of regular federal coinage were carefully copied: Liberty head on the obverse, eagle on the reverse. For the larger denominations, the eagle and double eagle, a radical departure was offered, at least for the obverse. An inaccurate representation of Pike's Peak graced that side, along with a description of the origin of the gold contained in the coins, and the name of the place where they were struck. This was the first Denver mint mark, and the most complete as well.
Location
Currently not on view
Date made
1860
maker
Clark, Gruber & Co.
ID Number
1985.0441.2227
catalog number
1985.0441.2227
accession number
1985.0441
One (1) 5 dollar coinUnited States, 1860Obverse Image: Liberty wearing a coronet. Stars around.Obverse Text: CLARK & CO.
Description (Brief)
One (1) 5 dollar coin
United States, 1860
Obverse Image: Liberty wearing a coronet. Stars around.
Obverse Text: CLARK & CO. / 1860
Reverse Image: Eagle with shield over chest clutching arrows and branch.
Reverse Text: PIKES PEAK GOLD DENVER / FIVE D.
Description
Produced by the Clark, Gruber & Company's mint, Denver, Colorado. For its half eagles, Clark, Gruber & Co. abandoned the Pikes Peak motif that it used on its larger coins. The company brought the designs for the five dollar pieces into conscious imitation of regular United States coins.
Location
Currently not on view
Date made
1860
mint
Clark, Gruber & Co.
ID Number
1985.0441.2228
catalog number
1985.0441.2228
accession number
1985.0441
One (1) 5 dollar coinUnited States, 1861Obverse Image: Quartz reduction mill.Obverse Text: JNO PARSON & CO.
Description (Brief)
One (1) 5 dollar coin
United States, 1861
Obverse Image: Quartz reduction mill.
Obverse Text: JNO PARSON & CO. / ORO
Reverse Image: Eagle with shield clutching arrows and olive branch.
Reverse Text: PIKES PEAK GOLD / FIVE D.
Description
The other pioneer mint in Colorado was the brainchild of an Indiana metallurgist, Dr. John D. Parsons. He appeared in Denver in the summer of 1858, and soon headed for Oro City with his assaying tools. He set up a business at Tarryall Mines, midway between Tarryall and Hamilton.
John Parsons's chosen trade was now that of coiner. He struck quarter and half eagles, whose obverses depicted a stamping mill, that essential piece of equipment for separating gold from its quartz matrix. A somewhat crude rendition of the American eagle held sway on the reverses of his coins. Parsons's products look primitive compared with Clark, Gruber's wares, and they may have been struck by hand.
However they were created, very few have survived. Six of John Parsons's quarter eagles are known, and only five of his halves.
Location
Currently not on view
Date made
1861
maker
John Parsons & Co.
ID Number
NU.68.159.1179
accession number
283645
catalog number
68.159.1179
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1862
ID Number
1998.0063.0589
accession number
1998.0063
catalog number
1998.0063.0589
Currently not on view
Location
Currently not on view
Date made
Apr. 6, 1863
date made
1863
ID Number
1998.0063.0099
serial number
18712
accession number
1998.0063
catalog number
1998.0063.0099
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1861
maker
Keatinge & Ball
ID Number
1998.0063.0205
accession number
1998.0063
catalog number
1998.0063.0205
serial number
25624
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1862
ID Number
1998.0063.0568
accession number
1998.0063
catalog number
1998.0063.0568
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1861
maker
Hoyer & Ludwig
ID Number
1998.0063.0373
accession number
1998.0063
catalog number
1998.0063.0373
serial number
17026
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1861
ID Number
1998.0063.0607
accession number
1998.0063
catalog number
1998.0063.0607
Numismatists, people who study or collect coins, generally categorize Civil War Tokens into three themes: patriotic, store cards, and sutler tokens. As with this coin, patriotic themed coins displayed patriotic slogans and images. Advertisements were not printed on these tokens.
Description
Numismatists, people who study or collect coins, generally categorize Civil War Tokens into three themes: patriotic, store cards, and sutler tokens. As with this coin, patriotic themed coins displayed patriotic slogans and images. Advertisements were not printed on these tokens. This specific token has an image of the Union flag with the words, “THE FLAG OF OUR UNION” on one side and another popular patriotic statement on the other side, “IF ANYBODY ATTEMPTS TO TEAR IT DOWN/SHOOT HIM/ ON THE SPOT.”
Location
Currently not on view
date made
1863
ID Number
2001.0009.0343
accession number
2001.0009
catalog number
2001.0009.0343
One (1) Civil War tokenUnited States, 1861Obverse Image: Man with a large hat, bandanna around his neck, and a shirt decorated with stars.Obverse Text: I AM READY / 1861Reverse Image: Approximately forty (40) stars.Reverse Words: THE UNION MUST & SHALL BE PRESERVEDEdge: SmoothThe
Description (Brief)
One (1) Civil War token
United States, 1861
Obverse Image: Man with a large hat, bandanna around his neck, and a shirt decorated with stars.
Obverse Text: I AM READY / 1861
Reverse Image: Approximately forty (40) stars.
Reverse Words: THE UNION MUST & SHALL BE PRESERVED
Edge: Smooth
Description
There are numerous examples of Civil War Tokens that display sentiments in favor of the Union. Many of the patriotic series Civil War Tokens were issued in New York. The lack of tokens in the South has been attributed to the fact that the majority of private minters were located in the North. This token depicts a pro-Union stance: “I AM READY” and “THE UNION MUST & SHALL BE PRESERVED.” Once these tokens were circulated, they would remind their user of the Union’s justifications for war and buoy up nationalist spirits.
Location
Currently not on view
date made
1861
ID Number
2013.0023.006
accession number
2013.0023
catalog number
2013.0023.006
Currently not on view
Location
Currently not on view
Date made
Dec. 2, 1862
date made
1862
ID Number
1998.0063.0066
catalog number
1998.0063.0066
accession number
1998.0063
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1862
ID Number
1998.0063.0651
catalog number
1998.0063.0651
accession number
1998.0063
Currently not on view
Location
Currently not on view
Date made
Apr. 6, 1863
date made
1863
ID Number
1998.0063.0090
serial number
24603
accession number
1998.0063
catalog number
1998.0063.0090
This particular Civil War Token depicts a patriotic theme.
Description
This particular Civil War Token depicts a patriotic theme. The obverse, front of the coin, depicts a profile image of George Washington while the reverse, back, shows two hands shaking between laurel sprigs and the words “PEACE FOREVER.” One hand is labeled as the North and the other hand is labeled as the South.
Location
Currently not on view
date made
1863
ID Number
1977.0779.108
catalog number
1977.0779.108
accession number
1977.0779
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1863
ID Number
1998.0063.0514
accession number
1998.0063
catalog number
1998.0063.0514
One (1) 20 dollar coinUnited States, 1868Obverse Image: Liberty wearing a coronet and facing left. 13 stars around.Obverse Text: LIBERTY / 1868Reverse Image: Heraldic eagle with wings outstretched clutching arrows and branch in talons, shield over chest.
Description (Brief)
One (1) 20 dollar coin
United States, 1868
Obverse Image: Liberty wearing a coronet and facing left. 13 stars around.
Obverse Text: LIBERTY / 1868
Reverse Image: Heraldic eagle with wings outstretched clutching arrows and branch in talons, shield over chest. Scrolls on either side of eagle, ring of 13 stars above eagle's head, rays above stars.
Reverse Text: UNITED STATES OF AMERICA / TWENTY D. / IN GOD WE TRUST / E PLURIBUS UNUM / S
Location
Currently not on view
date made
1868
designer
Longacre, James Barton
mint
U.S. Mint, San Francisco
ID Number
NU.68.159.0975
accession number
283645
catalog number
68.159.0975
One (1) 5 dollar Confederate States of America currency;Center Image, State Capitol of Richmond, Va;Bottom Right Corner Image, "C.G.
Description
One (1) 5 dollar Confederate States of America currency;
Center Image, State Capitol of Richmond, Va;
Bottom Right Corner Image, "C.G. Memminger";
Upper Right Corner Image, "5":
Left Side in Text, "FIVE";
At bottom of "FIVE", "1st Series";
Center Upper Left/Right Serial: "B";
Bottom Center; "Engraved by Keatinge & Ball, Columbia SC";
CSA Serial # at Bottom Left : "No. 81702";
Bottom Left of Center: "December 2, 1862";
Cut Canceled.
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1862
ID Number
1998.0063.0649
accession number
1998.0063
catalog number
1998.0063.0649
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1863
ID Number
1998.0063.0504
accession number
1998.0063
catalog number
1998.0063.0504
This “memorandum for change” was Mt. Pleasant Apothecary’s solution to the coin shortage. By making customers redeem the value of these notes in sums of a one-dollar or more, the business could expect returning clientele.Currently not on view
Description
This “memorandum for change” was Mt. Pleasant Apothecary’s solution to the coin shortage. By making customers redeem the value of these notes in sums of a one-dollar or more, the business could expect returning clientele.
Location
Currently not on view
date made
1863-01-01
maker
L. Prang & Company
ID Number
NU.NU46192.0003
accession number
170666
serial number
240
catalog number
NU46192.0003
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1862
ID Number
1998.0063.0548
accession number
1998.0063
catalog number
1998.0063.0548
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA).
Description
Between the winter of 1860 and the spring of 1861, eleven Southern states broke away from the United States to form a new country, the Confederate States of America (CSA). As a fledgling nation, the Confederacy faced two obstacles: to create a sense of national unity and to arm its troops to wage a modern war. Money connected both issues—it would celebrate the new nation and finance the war. On March 9, 1861, the CSA authorized a national currency.
Between 1861 and 1865, the new government issued Confederate currency on eight separate occasions. Each issuance pumped millions of dollars into circulation. Counterfeiters added to the deluge with freshly made fakes. The result was a staggering amount of paper money and massive inflation. The CSA responded to the problem by recalling, cancelling, and burning old notes to remove them from circulation. The first official recall on February 17th, 1864, came after two years of less harsh—but unsuccessful—efforts to reduce the volume of currency in circulation.
The problem of what to do with all of the recalled money fell to the Confederate Treasury Department, which enlisted the help of banks and depositories. Historian and numismatist Douglas Ball identified three primary strategies used to cancel currency. Machine-powered circular punches were preferred by the Treasury, while banks canceled currency by striking it with bank hammers, which left two x-shaped slices on the note. Depositories also used bank hammers, but sometimes opted to cut the notes with scissors, leaving two small triangles along the bottom edge.
Once cancelled, all notes were sent to the Confederate Treasury in Richmond, Virginia, to be burned. Some notes escaped destruction. At war’s end, the Union Army confiscated the notes along with Confederate government records to investigate a possible connection between the Confederacy and President Abraham Lincoln’s assassination.
Today, researchers examine Confederate Currency seeking clues about the economic, social, and technological underpinnings of the South during the Civil War. Smithsonian curator and historian Richard Doty has discovered physical evidence of some of the extraordinary measures people undertook to keep their money in circulation. Stitches, postage stamps, pieces of newsprint, and even fragments of love letters were used to reinforce torn notes.
The careful repair of Confederate currency was done for reasons that had nothing to do with simple economics. Money has always been seen as an emblem of sovereignty. So if people simply allowed their money to disintegrate –and some must have been tempted in that direction, as the value of their money had shrunk almost to the vanishing point by the final months of the war– what did that say about their belief in the Cause?
Location
Currently not on view
date made
1862
ID Number
1998.0063.0545
accession number
1998.0063
catalog number
1998.0063.0545

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