March 31st 1861, The Confederacy took over the US Mint
HalfDime
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March 31st 1861, The Confederacy took over the US Mint
"On March 31, 1861, Confederate forces took control of the United States Mint in New Orleans, securing one of the South’s most valuable financial assets.
The facility had already fallen under Louisiana state control earlier in the year after the state seceded from the Union in January 1861. But by the end of March, it was officially transferred to the Confederate government, marking a significant step in the South’s effort to establish its own independent financial system.
At the time, the New Orleans Mint held substantial reserves of gold and silver, which were seized and used to support the Confederacy’s war efforts.
The mint would briefly produce coins under Confederate authority, though production was limited. Today, those rare Confederate-issued coins are considered highly valuable artifacts from the Civil War era.
The takeover underscored the growing divide between North and South in the months leading up to the outbreak of full-scale war, which would begin just weeks later with the attack on Fort Sumter in April 1861."
If they had waited an extra day, they could have done it on April 1st.
Comments
“a” U.S. Mint
I had to add three 61o’s to my expanded type set. Great history.
a US branch mint
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Yup, and the Confederacy held it for about a year, until April 1862 when the Union re-captured the entire city and port.
"a" U.S. Mint, not all of them.
They also took over Dahlonega and Charlotte.
Interesting turn of events. Bummer neither one reopened (for whatever reasons)
Reminds me of one of my favorite gold coins. Not quite near a triple digit 61 NO double (ha)but it works for me.
Boom...we win.
Yeah I missed the episode of the Burns documentary where the Confederacy occupied Philadelphia.
Very cool historical story! I'm trying to learn more about the differences in the three 'types'. @oldabeintx are all three somewhat available?Would they be distinguishable in lower grades, probably the only ones I could even hope to one day obtain? I'm assuming best to go with certified, or would raw be an option, knowing very little about the series?