"When the South failed to rise again (at least in Confederate form), many Southerners were left sitting on giant piles of worthless currency from a defunct country. Tough luck, to be sure, but what they may not have known was that they could just have taken a voyage to Germany to recover some of their lost value. On May 30, 1909, The New York Times ran a story under the headline “CONFEDERATE MONEY TAKEN: German Shopkeepers Apparently Ignorant That Civil War Is Over.”
According to the story, many merchants, hoteliers, and café proprietors in Berlin were still accepting Confederate cash that hadn’t been worth its face value in over four decades. The American consulate in Berlin had been fending off German businessmen who were trying to exchange their notes from, say, the Bank of Richmond for German currency. Whoops. The article closed with the line “[S]ome of [the merchants] have left the consulate convinced that the United States Treasury has really ceased payment and is ashamed to admit it.”
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http://www.mentalfloss.com/blogs/archives/86004
I guess you might say those German shopkeepers were easy marks...