Coin Community Family of Web Sites
Shop CCF Members on eBay! 300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

South Carolina $5 Note

To participate in the forum you must log in or register.
Author Previous TopicReplies: 6 / Views: 1,385Next Topic  
Pillar of the Community

United States
521 Posts
 Posted 12/26/2021  10:47 am Show Profile   Bookmark this topic Add johnny676767 to your friends list Get a Link to this Message Number of Subscribers
Hello and Happy Holidays to all!

I'm a classical coin collector who occasionally drifts into ancients, however..My brother-in-law got me this for Christmas because he knows I'm interested in the Civil War and coins. I don't own any paper money or banknotes, so I'm at a loss as to where to begin. I would appreciate any information on this: condition, value, where to find more info online, etc.

I thought this might be the place to start.

Thanks!

South-Carolina-$5-Note
South-Carolina-$5-Note
South-Carolina-$5-Note
Pillar of the Community
SteveInTampa's Avatar
United States
4637 Posts
 Posted 12/26/2021  12:07 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Interesting example, it's unfortunately damaged, but a nice southern Obsolete. I did a Copy & Paste of a similar note's auction description ~

A vibrant and colorful example of this American Bank Note Company imprint type with the well-known historical scene The Sweet Potato Dinner, originally engraved for Rawdon, Wright, Hatch & Edson. The original scene is based on the painting by John B. White, General Marion Inviting a British Officer to Share His Meal. Francis "The Swamp Fox" Marion and James DePeyster in the center are seen performing a prisoner exchange with the meal set on the table. (see Roger H. Durand's Interesting Notes About History, pages 126-127). At the bottom corners are portraits of General Thomas Sumter and General William Moultrie. With an intricate green frame, micro-lettered guilloche, and green upper corner surrounds. High grade for the series and type.

Here's a link to the auction ~ https://currency.ha.com/itm/obsolet...3539-19997.s
Edited by SteveInTampa
12/26/2021 12:07 pm
Pillar of the Community
captaincoffee's Avatar
United States
600 Posts
 Posted 12/27/2021  09:38 am  Show Profile   Bookmark this reply Add captaincoffee to your friends list Get a Link to this Reply
Since you say you know nothing about banknotes, I'll take it back a step further. In 1861, Congress authorized the Treasury to issue various paper currencies. Prior to that, there was no federal authority to issue banknotes, and paper currencies were issued by individual banks and sometimes States and Territories...sort of the wild west of currency. The currency issued by a bank or State might be worth face value locally if folks trusted the issuer and were regularly able to exchange for real gold/silver. However, that note may or may not be accepted elsewhere. Many of these banks folded and the currency became worthless. Obviously, most of the Civil War era southern issuances became worthless after the war.
If you want to see the breadth of these currency issues, check out https://www.obsoletecurrency360.com/, although I'd disregard the values listed. There are a ton of bank/State issues, which is why most collectors focus on a particular bank, or State, or theme.
Moderator
Learn More...
jbuck's Avatar
United States
187446 Posts
Valued Member
Jimjumper's Avatar
United States
331 Posts
 Posted 12/27/2021  9:23 pm  Show Profile   Bookmark this reply Add Jimjumper to your friends list Get a Link to this Reply
Here is a good article on the Dabney-Morgan stamp on the reverse as well.
https://currency.ha.com/heritage-au...na.s?id=3249
There is also an article on where these notes are coming from in the New York Times but it is behind a pay-wall so I can't link it. Suffice to say, a guy at the SC state archives is slowly selling a group of notes that weren't destroyed in 1880 like they were supposed to be. The sales are generating funds for the storage and collection of their state currency archive.
Valued Member
Jimjumper's Avatar
United States
331 Posts
 Posted 01/12/2022  8:47 pm  Show Profile   Bookmark this reply Add Jimjumper to your friends list Get a Link to this Reply
The South Carolina Archive is auctioning more of these notes at this link:
https://scdah.sc.gov/2022-currency-...rce=hs_email

They are mostly in bigger lots however.
Moderator
Learn More...
jbuck's Avatar
United States
187446 Posts
 Posted 01/13/2022  09:10 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
The South Carolina Archive is auctioning more of these notes at this link:
Being a resident, I had to take a look. The reserve prices keep me from jumping in, although it would be fun to own some of these pieces of history.

Regardless, it was worth the time to take a look, even though the duplicated PDFs made it a little awkward to browse (the beige backgrounds are duplicated, the white ones are unique).
  Previous TopicReplies: 6 / Views: 1,385Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.28 seconds to rattle this change. Forums