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  • Auction Catalog #69
  • Lot #160
Lot #159
Lot #161

Lot 160: Two Early Confederate Bonds

Auction Location: Rock Island, IL

Auction Date: December 2, 2016

Lot 160: Two Early Confederate Bonds

Auction Location: Rock Island, IL

Auction Date: December 2, 2016

Estimated Price: $1,000 - $1,500
Price Realized:
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Two Early Confederate Bonds

Manufacturer: None
Model: None
Type: Other
Gauge:
Barrel:
Finish:
Grip:
Stock:
Item Views: 2621
Item Interest: Active
Serial Number:
Catalog Page: 67
Class: Other
Description:

Both the $50 and $100 bonds were redeemable in twelve months indicating the naïve belief in 1861 that the Civil War would be quickly resolved. Later bonds were designed to not be redeemable until after a southern victory and the ratification of a peace treaty. Both bonds have southern scenes, classical goddesses, and the $50 bond includes a portrait of George Washington, easily the most popular American hero from the South.

Rating Definition:

Both are in very fine condition with mild handling and storage marks and are contained within protective sleeves.



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