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Small Change During the Civil War
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<p>[QUOTE="johnmilton, post: 4270578, member: 101855"]Given the its distance from the conflict, California didn't see it's lifestyle change much during the Civil War. Money continued to circulate pretty much the way it did before the war. There was lots of gold to turn into coins, so there were not coin shortage.</p><p><br /></p><p>I also imagine that prices were still fairly high in California, so a cent or a Civil War token would have had little buying power.</p><p><br /></p><p><br /></p><p><br /></p><p>There was a law in California that made paper money illegal. Since the greenbacks were legal tender, that law would have been null and void, but who would push the issue? That was lots of gold, and that's what people wanted to use.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 4270578, member: 101855"]Given the its distance from the conflict, California didn't see it's lifestyle change much during the Civil War. Money continued to circulate pretty much the way it did before the war. There was lots of gold to turn into coins, so there were not coin shortage. I also imagine that prices were still fairly high in California, so a cent or a Civil War token would have had little buying power. There was a law in California that made paper money illegal. Since the greenbacks were legal tender, that law would have been null and void, but who would push the issue? That was lots of gold, and that's what people wanted to use.[/QUOTE]
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