Group of Three Alabama Currency Notes, Pre-Civil War, Ft. Slave Imagery
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Description
Group of Three Alabama Currency Notes, Pre-Civil War, Ft. Slave Imagery
Three Confederate Alabama currency notes featuring slave imagery. All measuring 7" x 3", Savannah and Montgomery, dated 1852 and 1859. Differing denominations, ranging from $1.00 to $10.00. Varying degrees of wear, folds, creasing, soiling, etc. Heavy toning and fragile paper. Some text has faded with age. Please refer to the photographs for further condition information.
Included in the group:
1. One Dollar Note. The Bank of Commerce - No. 160, Series C. Savannah, Georgia, dated 1859. Featuring imagery of a slave holding a basket of cotton and a merchant ship.
2. Five Dollar Note. The Central Bank of Alabama - No. 12867, Series A. Montgomery, Alabama, dated 1852. Featuring imagery of a plantation owner and a slave sitting with barrels.
3. Ten Dollar Note. The Central Bank of Alabama - No. 6185, Series C. Montgomery, Alabama, dated 1859. Featuring imagery of slaves picking cotton and a portrait of George Washington.
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 counting 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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