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Greenbacks
During the first year of the US Civil War, the conversion of bank or Treasury notes into gold was suspended. In accordance to the Legal Tender Acts in 1862, the government issued an inconvertible currency called ''Greenbacks''. This database includes the high and low daily price for Greenbacks in gold from 1 January 1862 to 31 December 1878.
Greenbacks Data in Excel Format
Greenbacks Data in Raw Text Format
The data is explained in the paper Turning Points in the Civil War: Views from the Greenback Market. (by Kristen L. Willard, Timothy W. Guinnane, and Harvey S. Rosen). American Economic Review 86(4): 1001-1018, 1996" .
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