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<p>[QUOTE="scottishmoney, post: 2488170, member: 12789"]In the immediate aftermath of the war betwixt the states there was a huge shortage of cash in the South. Of course the National Banking Act of 1864 had the effect of driving practically all non-federally authorised currency out of circulation - but the post war South wasn't easily able to acclimate to the new regulations. State issues from South Carolina are very common and lasted into the early 1870s. Tennessee issued notes into the late 1880s, but the all time record for non-federal issued currency goes to Mississippi, which issued notes as late as 1896. Of course other states, and even municipalities issued currency but aside from SC and MS they are often much scarcer.</p><p><br /></p><p><img src="http://i1252.photobucket.com/albums/hh578/scottishmoney/georgetownga21865fr_zpsg6af00qm.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p>Notice this note from postwar, ie dated Sept 25th 1865, Georgia clearly notates that it is payable in U.S currency and that it was issued in the United States of America. It was issued by J.N. Webb, a storekeeper in this small Georgia town.[/QUOTE]</p><p><br /></p>
[QUOTE="scottishmoney, post: 2488170, member: 12789"]In the immediate aftermath of the war betwixt the states there was a huge shortage of cash in the South. Of course the National Banking Act of 1864 had the effect of driving practically all non-federally authorised currency out of circulation - but the post war South wasn't easily able to acclimate to the new regulations. State issues from South Carolina are very common and lasted into the early 1870s. Tennessee issued notes into the late 1880s, but the all time record for non-federal issued currency goes to Mississippi, which issued notes as late as 1896. Of course other states, and even municipalities issued currency but aside from SC and MS they are often much scarcer. [IMG]http://i1252.photobucket.com/albums/hh578/scottishmoney/georgetownga21865fr_zpsg6af00qm.jpg[/IMG] Notice this note from postwar, ie dated Sept 25th 1865, Georgia clearly notates that it is payable in U.S currency and that it was issued in the United States of America. It was issued by J.N. Webb, a storekeeper in this small Georgia town.[/QUOTE]
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