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Confederate 50 Dollar Bill ... What Is It Worth?

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batboy's Avatar
United States
650 Posts
 Posted 03/01/2017  09:49 am  Show Profile   Bookmark this reply Add batboy to your friends list Get a Link to this Reply
Please note this bill is a Richmond Feb 17, 1864 bill (not 1861 as stated in the first post). Yeah, I know the "4" looks sort of like a "1", but the first Confederate bills were not printed until later in the year. The bill does appear to be genuine, although the condition is not the best. With currency as well as coins, the better the condition, the more valuable it is. To roughly determine what grade the bill is, I'll post a general guideline.


Quote:
Crisp Uncirculated = No folds, no problems. Complete and square margins/borders.
Uncirculated = No folds. No problems. Border may be cut into the margin but not into the design. May be uneven excess border areas as well.
AU = 1 cross-body fold. A corner fold or 2 may be tolerated as well.
XF = 3 cross-body folds. A corner (even wide) fold or 2 may be tolerated.
VF = No more than 8 cross-body folds. The note will have good body and crispness by definition. Circulation wrinkling counts as folds.
F = The note is complete and the design and lettering clear and strong. The note retains some body.
VG = The note is complete but may have edge splits. The design is readable. No body remains. Limp.
G = The note is nearly complete (less than 3% may be missing). The design is well worn and parts are weak.
AG = No more than 10% missing.


Looks to me to be "G" (Good), meaning it's value is on the low end. As to actual value, I don't know. I did see one like yours on ebay (F grade) with an asking price of $75. So, maybe about $40 to $60 range for yours?

I have one Confederate $10 bill (see photo) which is also a Richmond Feb 17, 1864 bill (see photo).

Confederate-50-Dollar-Bill--...-What-Is-It-Worth?
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CelticKnot's Avatar
United States
12867 Posts
 Posted 03/01/2017  10:28 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Regardless of value, this is a really cool attic find.

to CCF!
New Member
United States
23 Posts
 Posted 03/01/2017  10:39 am  Show Profile   Bookmark this reply Add 9129853104 to your friends list Get a Link to this Reply
BatBoy ... Thank you for sharing the guidelines and for the information plus your estimate as to its value. I appreciate your expertise.
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nss-52's Avatar
United States
54284 Posts
 Posted 03/01/2017  11:31 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
What is RARE is someone making a post wondering about a Confederate States bill, and the bill turning out to NOT be a fake!
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United States
23 Posts
 Posted 03/01/2017  1:31 pm  Show Profile   Bookmark this reply Add 9129853104 to your friends list Get a Link to this Reply
I guess most people would have some idea as to what they are posting... I know very little about numisnatology and now that I have found this website I will enjoy learning from the experts. nss-52 Thanks for your reply!
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batboy's Avatar
United States
650 Posts
 Posted 03/01/2017  9:43 pm  Show Profile   Bookmark this reply Add batboy to your friends list Get a Link to this Reply
Heck no, I'm no expert in currency, I'm more of a coin collector. But lately, I've been dabbling in paper money a bit more. Before I bought my Confederate bill, I did a bit of research, so it was fresh in my mind.
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