Summer of Rare Key Date Coin Auctions! 36 Part 1 Day 2
By Key Date Coins
Aug 14, 2023
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
The auction has ended

LOT 583:

1861 $50 CONFEDERATE STATES CURRENCY CIVIL WAR NOTE T-14 Grades vf++. After the Civil War broke out in 1861, the ...

Sold for: $25
Price including buyer’s premium: $ 29.50
Start price:
$ 70
Estimate :
$500 - $1,000
Buyer's Premium: 18%
Auction took place on Aug 14, 2023 at Key Date Coins
tags:

1861 $50 CONFEDERATE STATES CURRENCY CIVIL WAR NOTE T-14 Grades vf++. After the Civil War broke out in 1861, the newly established Confederate government began to issue it's own money as legal tender to the citizens of the South. The gamble was that if the South won the war, the money would be redeemable. The 1st note from the Government of the Confederate States of America was issued in April of 1861. From then on, notes were issued on through 1864. Almost every Confederate note was painstakingly hand signed and numbered. It is not uncommon for these notes to have uneven, or rough borders since scissors or shears were used to hastily cut the sheets of notes apart.