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Confederate States of America bonds were first printed on February 28, 1861 to help finance the Civil War effort for the Confederacy. CSA bonds were printed until 1865 when the end of the Civil War put an end to the Confederacy and the need for bonds. There were more than 150 different types of CSA bonds printed during the Civil War.
$500 Civil War Bond
Type 70
Illustrated and printed on white paper.
Number issued 1408 Rarity: 4+
Signed by Jones
14.5" x 13.5"
High quality scarce CSA Bond. Great addition to your collection and very displayable...Gorgeous Framed
Coupons remaining...they were clipped to collect interest from the CSA to finance the war and backed by the good faith and credit of the Confederacy...and cotton.
In excellent well preserved condition! Saved in an archived binder for years (binder book is not included as this is where we keep all of our bonds). Some of the photos show a flash reflection, NO MAR to the bond!
Genuine Confederate States of America Civil War bonds are the most decorative artifacts of the Confederacy on the market. Nothing else even comes close.
We have been one of the largest dealers in CSA bonds ever with many thousands sold. However, like any good book we are nearing the end with less than 200 left. However, there are 150 or so different CSA bonds, so we saved the best for last.
These only survived because Europeans assumed that once the Confederacy was defeated the Union would make good on their debt but they were wrong. If you backed the CSA as a number of European countries did, you were just out the money.
Still, many hoped that this would change some day and something on the order of 70,000 CSA bonds were stored in a bank vault in England. Unfortunately thousands were lost to water damage caused by a flood.
Few realize that the Civil War was financed by cotton on the CSA side and $60 million in cotton rag paper money issued by the Union.
Indeed, this was the first true national currency of the US of A...and tells the tale of the loss of purchasing power of the once mighty dollar. About 140 years ago $60 mil helped finance the Civil War while today it buys just 2- very good fighter jets.
Between 1801 and 1901 the purchasing power of the dollar soared by 95%, but between 1901 ans 2001 it fell by 95%...and continues to fall driving intelligent people into tangibles like real estate and collectibles.
Anyone who would like to research this can go to google.com & type in inflation calculator, choose one & put your own figures in...the results should depress you for some time to come...and hopefully spur you to take appropriate security measures
00038
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Item must be returned within:
7 Days
Refund will be given as:
Money Back
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All items sold come with a 7 day, money back guarantee. Paypal accepted with a verified address. Please send money orders and checks to:
L.C.C.
P.O. Box 1045
Merrimack, NH 03054.
800.835.6000
Will be shipping via Fed Ex for extra security!
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