Saturday, November 24, 2012

U.S. dollar vs Confederate dollar

A quick factoid about Confederate paper money just prior to Lee's surrender at Appomattox:
As of April 2, 1865, one ounce of gold could be bought with about $1,450, Confederate. 
As of yesterday, November 23, 2012, an ounce of gold could be bought for about $1751 U.S.

Lee surrenders to Grant, April 9, 1865

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