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<p>[QUOTE=&quot;KLJ, post: 111062, member: 1910&quot;]A series date is the year during which that series of paper currency was authorized.&nbsp; Thus, the paper currency used in 1864 was authorized in 1862.&nbsp; It may have been printed in 1864, but it would carry the series date 1862. The Confederate currency (as well as some foreign currencies) often listed the day and month, as well as the year.</p><p><br /></p><p>Anyone else on this forum is free to correct me, but I believe that 1862 was the year that the US government tightened its control of the currency.&nbsp; The spiraling costs of the war forced the government to print money in an inflationary way.&nbsp; To prevent the collapse of the US dollar (as happened to the CS dollar at the end of the war), the government&nbsp; began to manipulate the system in 1862.&nbsp; Salmon P. Chase, for all his failings, and they were legion, was an excellent Treasury Secretary.[/QUOTE]</p><p><br /></p>

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