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1863 Confederate Bank Bond - General Info. Request

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mdpmedia's Avatar
United States
3546 Posts
 Posted 04/10/2011  1:39 pm Show Profile   Bookmark this topic Add mdpmedia to your friends list Get a Link to this Message Number of Subscribers
Hey,

I just wanted to get your opinions ref.

the authenticity,

material composition,

proper identification, and

approx. value of this Confed. bond.

Any addl. related history info. would be a bonus.

The dimensions within of the framed area measure about 3" x 1 1/4".

It appears that something (ink?) near the 'r' of America and the 'R' of DOLLARS bled through to the back of this note.

This scan did pick up the exact original color of the ink of the 1111 and of the signature.

Thanks

1863-Confederate-Bank-Bond---General-Info.-Request

1863-Confederate-Bank-Bond---General-Info.-Request



1863-Confederate-Bank-Bond---General-Info.-Request
Pillar of the Community
mdpmedia's Avatar
United States
3546 Posts
 Posted 04/13/2011  4:30 pm  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply
Do I still need to include any additional info. in order obtain some opinions on this bond?
Pillar of the Community
3660 Posts
 Posted 04/13/2011  7:47 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
I really do not think that is a Confederate Bond mdp..... Bonds were large fancy sheets of paper, usually around 14" wide and, (depending on 'if the coupons are still attached to the bond) may be that long, but shorter if coupons have been removed.

I believe that what you have there is a certificate issued to the bearer as interest paid on a $500 bond...... This is a voucher, a government check, a chip to be cashed in at a bank.... (not a bond).

I don't know anything about authenticity, value, popularity, rarity, etc, of such a thing..... very neat item mdp..

edited to add: I believe that "bond receipt" is the accepted term for your paper.
Edited by zeewool
04/13/2011 8:08 pm
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mdpmedia's Avatar
United States
3546 Posts
 Posted 03/10/2022  02:31 am  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply
Since I only got one response, it would be nice to get more opinions to the things I requested.

It's been 11 years and I've waited long enough. :)-

If I could get a URL to a comparable completed sale, that would be excellent.

I am putting this up for sale at a coin show in a couple of days and need a fair asking price based upon accurate data.
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jbuck's Avatar
United States
187702 Posts
 Posted 03/10/2022  12:57 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Tempus fugit!

I hope that in these eleven years we gained a member or two who can help.
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United States
742 Posts
 Posted 03/10/2022  2:26 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
What you have is a bond coupon for the interest that was due on April 1, 1866. It was cut from bond number 1111.

Here is a completed ebay sale of a bond and 59 attached coupons.

https://www.ebay.com/itm/144338218728
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Wandering Circle's Avatar
Hong Kong
176 Posts
 Posted 03/11/2022  11:04 pm  Show Profile   Bookmark this reply Add Wandering Circle to your friends list Get a Link to this Reply
mdpmedia's bond coupon should actually be this one, issued on 1st April , 1863.

https://www.glabarre.com/item/_500_...nd/22121/c51


Quote:
Confederate States of America. LOAN AUTHORIZED by ACT of CONGRESS. C.S.A. of MARCH 23d, 1863.

On the first day of April 1893, The Confederate States of America, will pay to the Bearer of this Bond at the Seat of Government, or such place of Deposit as may be appointed by the Secretary of the Treasury, the sum of FIVE HUNDRED DOLLARS, with interest from date, at the rate of Six per cent per annum, payable semi-annually on surrender of the annexed Coupons. This contract is authorized by an Act of Congress approved the March 23rd 1863, Entitled, "An Act to provide for the funding and further issue of Treasury Notes" and is upon the express condition that it shall be redeemable five years after date at the pleasure of the Government. Semi-annual Coupons are hereunto attached for the said period of five years after which should this Bond not be redeemed another Bond for the same amount with semi-annual Coupons at the same rate of interest for the reminder of the thirty years will be delivered to the holder, upon the surrender of this Bond.

In Witness Whereof the register of the Treasury in pursuance of said act of congress hath hereunto set his hand and affixed the Seal of the treasury at Richmond this first day of April 1863.
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suipakpaikungfu's Avatar
United States
992 Posts
 Posted 04/04/2022  4:51 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
I've sold some for $5-$20.
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