Americana: Funny Money? Hah!

It was passed down through the generations in neatly tied packets—wrinkled currency stiff with age, smelling faintly of the lemon verbena that scented great-grandmother's chiffonier. "Save your Confederate money, son," the vainglorious slogan insisted. "The South will rise again." It took a century and a Southerner in the White House, but the time has come. With chitlin chic upon us, once worthless Confederate bills have become a gold mine for Rebel diehards.

The largest market is in the North.

Yankee collectors have driven up the price of the 72-odd Confederate curren cies issued between 1861 and 1864. A $50 note issued in...

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