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Following its separation from the United States of America, the states of the Confederacy began to issue currency to support the economy of the south. Unlike money from the Union, Confederate States dollars were not backed by hard assets and were entirely dependent upon the Confederacy’s victory in order to redeem the value of the notes. Today, 1862-1863 $100 Confederate Currency Notes are available to you online from JM Bullion.
Note Highlights:
Confederate States dollars were issued in seven different series from 1861 to 1864. The notes of the Confederacy were not backed by hard assets and the exact redemption of the notes changed with the passage of time. For example, the first series of notes were interest-bearing notes at a rate of 3.65% that were payable 12 months after the date of issue. These 1862-1863 $100 Notes were payable at an interest of 2-cents per day and redeemable within six months of the ratification of a treaty of peace between the Union and the Confederacy.
All of these 1862-1863 $100 Confederate Currency Notes are available in Extremely Fine condition. A note in this condition has only light signs of circulation use with two to three heavy folds present. Each note will ship with a protective plastic sleeve.
Confederate States notes were unique in that the notes were printed by various different companies. In the case of these notes, Keatinge & Ball of Richmond, Virginia, was the company behind the printing of the note. Almost all Confederate States notes were cut by hand with serial numbers and dates written in by hand.
On the obverse of 1862-1863 $100 Confederate Currency Notes are several vignettes. In the lower-left corner, there is a portrait of John C. Calhoun, the former Vice President of the United States under both President John Quincy Adams and President Andrew Jackson. The design features a female allegory of the Confederacy in the lower-right field and the offensive depiction of slaves picking cotton in the center of the design. The reverse of the 1862-1863 $100 Confederate Currency Notes was left blank on purpose when printed.
Please don’t hesitate to contact JM Bullion with your questions. Our team is available at 800-276-6508, online through our live chat, and via our email address.
Tracking and insurance included on all orders
Following its separation from the United States of America, the states of the Confederacy began to issue currency to support the economy of the south. Unlike money from the Union, Confederate States dollars were not backed by hard assets and were entirely dependent upon the Confederacy’s victory in order to redeem the value of the notes. Today, 1862-1863 $100 Confederate Currency Notes are available to you online from JM Bullion.
Note Highlights:
Confederate States dollars were issued in seven different series from 1861 to 1864. The notes of the Confederacy were not backed by hard assets and the exact redemption of the notes changed with the passage of time. For example, the first series of notes were interest-bearing notes at a rate of 3.65% that were payable 12 months after the date of issue. These 1862-1863 $100 Notes were payable at an interest of 2-cents per day and redeemable within six months of the ratification of a treaty of peace between the Union and the Confederacy.
All of these 1862-1863 $100 Confederate Currency Notes are available in Extremely Fine condition. A note in this condition has only light signs of circulation use with two to three heavy folds present. Each note will ship with a protective plastic sleeve.
Confederate States notes were unique in that the notes were printed by various different companies. In the case of these notes, Keatinge & Ball of Richmond, Virginia, was the company behind the printing of the note. Almost all Confederate States notes were cut by hand with serial numbers and dates written in by hand.
On the obverse of 1862-1863 $100 Confederate Currency Notes are several vignettes. In the lower-left corner, there is a portrait of John C. Calhoun, the former Vice President of the United States under both President John Quincy Adams and President Andrew Jackson. The design features a female allegory of the Confederacy in the lower-right field and the offensive depiction of slaves picking cotton in the center of the design. The reverse of the 1862-1863 $100 Confederate Currency Notes was left blank on purpose when printed.
Please don’t hesitate to contact JM Bullion with your questions. Our team is available at 800-276-6508, online through our live chat, and via our email address.
