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| Confederate Currency 1864 $5 Dollar Bill T-69 |
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| Confederate Paper Money 1864 Five Dollar Bill |
Confederate Money $5 Bill from Richmond, Virginia, February 17th 1864 T-69 Civil War Note
Type 69 Confederate money which is the five dollar denomination of the common 7th series of currency of the Confederate States of America that was issued during the latter part of the Civil War in 1864. The state capitol building of Virginia located in Richmond is the center vignette, while on the right is a small portrait of C. G. Memminger, who served as secretary of the treasury during most of the Civil War. This obsolete civil war currency was printed on a pink paper with varying shades thereof. The issue date is February 17, 1864, this civil war currency is still common and a good place for beginning collectors to start their confederate money collection.
Inscriptions: "Two years after the ratification of a treaty of peace between the Confederate States & the United States, The Confederate States of America will pay to bearer Five Dollars/ Richmond February 17th 1864/ Litho by Evans & Cogswell/ Engraved by Keatinge & Ball Columbia SC"
Manufacturer: CSA - Confederacy Capital - Montgomery AL, Richmond VA (5,527,200 total issued)
Confederate States of America, CSA, Obsolete Money
Christopher Gustavus Memminger (January 9, 1803 – March 7, 1888) was a prominent German-American political leader and the first Secretary of the Treasury for the Confederate States of America.
Memminger was considered a moderate on the secession issue, but after Lincoln's election, Memminger decided secession was necessary. When South Carolina seceded from the United States in 1860, Memminger was asked to write the Declaration of the Immediate Causes Which Induce and Justify the Secession of South Carolina from the Federal Union which outlined the reasons for secession. When other states also seceded, Memminger was selected as a South Carolina delegate to the provisional congress which formed the Confederate States of America, and was the chairman of the committee which drafted the Confederate Constitution. The twelve-man committee produced a provisional constitution in only four days.
When Jefferson Davis formed his first cabinet, Memminger was chosen as Secretary of the Treasury on February 21, 1861. It was a difficult task, in view of the financial challenges facing the Confederacy. Memminger attempted to finance the government initially via bonds and tariffs (and confiscation of gold from the United States Mint in New Orleans), but soon found himself forced to more extreme measures such as income taxation and fiat currency. Memminger had been a supporter of hard currency before the war, but found himself issuing increasingly devalued paper money, which by war's end was worth less than two percent of its face value in gold.
Memminger resigned his post as Secretary of the Treasury on July 18, 1864 and was replaced by fellow South Carolinian George Trenholm. Memminger returned to his summer residence in Flat Rock, Henderson County, North Carolina. In the post-war years, Memminger returned to Charleston, received a presidential pardon in 1866, and returned to private law practice and business investment. He also continued his work on developing South Carolina's public education system and was voted to a final term in the state legislature in 1877.
Virginia State Capitol
The Virginia State Capitol is the seat of state government of the Commonwealth of Virginia, located in Richmond, the third capital city of the U.S. state of Virginia. It houses the oldest legislative body in the Western Hemisphere, the Virginia General Assembly, first established as the House of Burgesses in 1619.
The Capitol was conceived of by Thomas Jefferson and Charles-Louis Clérisseau in France. Although it was completed in 1788 and is currently 224 years old, the current Capitol is the eighth built to serve as Virginia's state house, primarily due to fires during the Colonial period. In the early 20th century, two wings were added, leading to its present appearance. In 1960, it was designated a National Historic Landmark.
The building also served as the Capitol of the Confederacy during the American Civil War (1861–65) (It was the Confederacy's second home, the first being the Alabama State Capitol in Montgomery, Alabama).
The Capitol, the adjacent Virginia Governor's Mansion, and the White House of the Confederacy (about three blocks to the north on East Clay Street) were spared when departing Confederate troops were ordered to burn the city's warehouses and factories, and fires spread out of control in April 1865. The first flag to fly over the capitol since secession was hoisted by Lieutenant Johnston L. de Peyster. U.S. President Abraham Lincoln toured the Capitol during his visit to Richmond about a week before his assassination in Washington, DC.
From April 6 until April 10, 1865 Lynchburg served as the Capital of Virginia. Under Gov. William Smith, the executive and legislative branches of the commonwealth moved to Lynchburg for the few days between the fall of Richmond and the fall of the Confederacy.