FRAMED CONFEDERATE $50 BOND

$200.00 SOLD
Originally $225.00

Quantity Available: None

Item Code: 173-2693

Archivally framed Confederate bearer bond issued during the war to finance the Southern cause. Bond measures 13 ½” x 13 1/2”, frame measures 18 ½” x 24 ½”. The bond is held with Archival Hinge Tissue and rests on acid-free, PH buffered paper. The document is matted by acid-free, 100% rag mat boards.

This actual bond was sold to European investors after its issue in Richmond. At the end of the war, the Bank of England held all Confederate Bonds in their vaults in an effort to reclaim some of their worth from the US Government. The effort failed, and the bonds remained hidden in the vault in London for over 120 years. The bonds were unearthed in the late 1980s and sold via Sotheby Auctioneers to Heritage Rare Coin in Dallas. This particular bond was hand-picked by the previous owner directly from the large wooden casks from London the week they arrived at Heritage in 1988.

Criswell# 5. 8% Coupon Bond. One of the first bonds issued by the Confederacy, when the Capitol was Montgomery, AL.  Vignette of Commerce and Agriculture. With 14 coupons. Condition AU, Gem on thick white paper.  Bond Serial Number is 5392; signed by Register of the Treasury Tyler. Issued May 1, 1861.

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