Five Confederate States Slave Motif War-Dated Bank Notes, $1.00 to $10
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Five Confederate States War-Dated Bank Notes, $1.00 to $10
A unique group of five Confederates bank notes, with three being war-dated. From numerous states and banks, and of varying denominations, ranging from $1.00 to $10.00. Measuring approximately 7.25" x 3", produced in Georgia, Mississippi, and Alabama. With flattened folds, creasing, and wear. Varying degrees of soiling, toning, and foxing.
The following are included in the group:
1. One Dollar Note. Bank of Commerce, Savannah, Georgia, dated July 20, 1861. Series C, No. 2863. With vignettes of a sailing merchant ship and a cotton picking slave.
2. "Cotton Pledged" One Dollar Note, The State of Mississippi. Jackson, dated May 1, 1862. No. 140286. With a traveling train and male and female farmers.
3. "Cotton Pledged" 2.50 Dollar Note, The State of Mississippi. Jackson, dated May 1, 1862. No. 75927. With a male farmer and a Native American.
4. Ten Dollar Note. Central Bank of Alabama, Montgomery, dated January 1, 1856. No. 1893. Imagery of slaves picking cotton in a sprawling field as well as a portrait of George Washington.
5. Ten Dollar Note. Central Bank of Alabama, Montgomery, dated January 1, 1856. No. 1786. Imagery of slaves picking cotton in a sprawling field as well as a portrait of George Washington.
Just prior to the outbreak of the Civil War, the newly formed Confederacy started issuing their own currency. The paper money was not backed by gold, but bearers were promised to be repaid after the war, with the government banking on a Southern victory. Production was in no way uniform, and individual states and even cities issued their own money as well. As the war progressed, Confederate currency became practically worthless, with only a series of 1862 notes from Mississippi being of value because they were backed by stored cotton. Although they became worthless at the time, Confederate currency is now highly collectible due to the wide variety of banks and states that issued them.
This item comes with a Certificate from John Reznikoff, a premier authenticator for both major 3rd party authentication services, PSA and JSA (James Spence Authentications), as well as numerous auction houses.
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