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- Rebel Soldiers Buying U.S. Gold and Treasury Notes from Union Prisoners, Charleston, South Carolina.
- Drawing: Graphite on ivory paper. 5 x 5 1/4 in. Group of Confederate soldiers engaged in monetary transaction with a group of Union soldiers. Signed at lower left in graphite: 'WTC.' Inscribed on verso, at upper center: 'Rebel Soldiers Buying U.S. Gold and Treasury notes / from Union Prisoners. / near[?] Charleston S.C.', Legal tender United States currency and specie notes were uncommon in the Southern States, and especially so in the Northern states. After people realized that the war between the states would last longer than expected, they began hoarding money, simultaneously proving the desirability and security of Federal coin and paper money, and rendering Federal money more desirable than it had been prior to the war. About the Artist: William T. Crane was a 'special artist' for Frank Leslie's Illustrated Newspaper. General Quincy A. Gilmore relied heavily on his sketches of Confederate fortifications to inform the Federal War Department of the recent events.