Confederate States Of America 1861 20 Dollar Coin
The Birth of the Confederate States of America
The Confederate States of America was formed on February 4, 1861, after the seven states of the Deep South seceded from the United States of America. The Confederacy was formed in response to the election of Abraham Lincoln as President, who was perceived as a threat to the institution of slavery. The Confederacy was a short-lived nation, lasting only four years, but its legacy lives on in the form of its currency, including the 1861 20 dollar coin.
The Design of the Confederate 20 Dollar Coin
The Confederate 20 dollar coin was designed by Robert Lovett Jr., a prominent engraver of the time. The obverse of the coin features an image of Lady Liberty, surrounded by stars and the words "Confederate States of America" and "Twenty Dollars." The reverse of the coin features an eagle in flight, with the words "In God We Trust" and the date "1861."
The Rarity of the Confederate 20 Dollar Coin
The Confederate 20 dollar coin is considered one of the rarest and most valuable coins in American history. It is estimated that only around 10,000 of these coins were ever minted, and many of them were destroyed during the Civil War. Today, only a few hundred of these coins are known to exist, and they are highly sought after by collectors.
The Value of the Confederate 20 Dollar Coin
The value of the Confederate 20 dollar coin varies depending on its condition and rarity. In 2021, a Confederate 20 dollar coin in good condition can fetch anywhere from $10,000 to $50,000 at auction. However, if the coin is in pristine condition and has a rare variety, it could sell for upwards of $100,000.
The Legacy of the Confederate 20 Dollar Coin
The Confederate 20 dollar coin is a tangible reminder of the Confederacy and its place in American history. Despite its rarity and value, the coin is often viewed with controversy due to its association with a nation that fought for the preservation of slavery. Nevertheless, the coin remains a popular item among collectors and a piece of American history that continues to fascinate and intrigue people over 150 years after its creation.