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Item 36: Fifty Cent Note, Confederate Currency, Issued to H. Homounly, 1863 February 1

 Item — Box: 16, Folder: 36

Dates

  • Created: 1863 February 1

Disclaimer for Name and Subject Authorities

Some of the name and subject authority tags have been assigned by educated guessing and estimation of persons and subjects by region, age, profession, and familial relationships. They have been thoroughly researched by using primary and secondary sources available digitally, and named in each description, or in some cases linked directly to the person tag.

Access:

All series and subseries within this collection are open for research, with the exception of a few files within the Academia series that are restricted. The Academia series contains financial and sensitive institutional records from Wilkes College, and financial report records from Princeton University that will remain restricted for 80 years upon creation.

Extent

1 items

Language of Materials

From the Collection: English

Type of Material:

Paper currency.

Condition Note:

Good.

Measurements:

3.5 x 2.5 in.

Description:

The following item, dated February 1, 1863, depicts a fifty cent note printed for the Confederate States of America, and issued by The Bank of the State of South Carolina. The note was used when South Carolina was a member of the Confederacy. It has a palm tree and flowers in the middle which is the symbol for the state. The bill was issued to H. Homounly. The true Confederate States bills were created just before the onset of the American Civil War, whereby the newly formed Confederate States issued the bills to support their succession efforts and support their end of the war. The first of this money was issued in March of 1861, collecting interest as a circulation of $1,000,000 was issued. These bills are called “Greybacks,” thus distinguishing them from the U.S. dollar, known as “Greenback,” which was also started in circulation at the same period to support the Union and its army during war efforts. As the war progressed, and the outcome of the South’s loss became more apparent, the greyback and confederate bills lost their value quickly. The bills contained numerous iconographies, including engravings of leading Confederates, gods and goddesses, trains, ships, and enslaved persons. The haste with which these bills were printed means that they have some anomalies that make them unique, such as hand cut scissor edging and signatures from clerks.

Location:

South Carolina

Transcription:

The Bank or the STATE OF SOUTH CAROLINA 50 50 WILL PAY BEARER ON DEMAND “IN CURRENT FUNDS” FIFTY CENTS Feb 1, 1863. H Homounly For Cashier.

BACK Fifty Issued under Act Feb., 1863

Creator

Repository Details

Part of the Wilkes University Archives Repository

Contact:
84 W South St.
Wilkes-Barre PA 18701 US
570-408-2000
570-408-7823 (Fax)