The risible quality of Confederate currency during the war is well known. This little tidbit, however, was news to me. I wonder if there are currency speculators disguised as land speculators in the South, buying post-bellum properties in the hopes that their once worthless now priceless insulation is intact?
At one time, he said, Confederate currency was so abundant that huge amounts of it were used as insulation in homes built after the war.
“Using currency was cheaper than buying paper at that time,” he said. “Sometimes you’ll hear about tearing into an old house and finding Confederate money. It’s not all that surprising.”