Three War-Dated CSA Notes, Including "Cotton Pledged" Mississippi Note
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Description
Three War-Dated CSA Notes, Including "Cotton Pledged" Mississippi Note
A fantastic group of three Confederate States currency notes, all war-dated, printed by various Confederate states. The notes are of varying denominations and sizes, ranging from $0.25 to $1.00. Varying degrees of wear, folds, creasing, soiling, toning, etc. A few small tears at the edges in places. Please refer to the photographs for further condition information. The following are included in the group:
1. Twenty-Five Cent Note. The State of Alabama, No. 75582, Montgomery, dated January 1, 1863. Second Series, Treasury note. With a printed signature of Governor John Shorter. With a center image of a cartload of cotton bales.
2. One Dollar Note. The State of Georgia, No. 365, Savannah, dated August 5, 1861. The Bank of Commerce. Signed by President B. Lamar. With vignettes of a sailing ship and a cotton-picking slave.
3. One Dollar "Cotton Pledged" Note. The State of Mississippi, No. 103881, Jackson, dated May 1, 1862. With the "proceeds of Cotton pledged for Redemption of this Note." With vignettes of young male and female farmers.
Just prior to the outbreak of the Civil War, the newly formed Confederacy started issuing its 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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