NICELY FRAMED CONFEDERATE $100 NOTE WITH INTEREST PAYMENT STAMP

$125.00 SOLD

Quantity Available: None

Item Code: 490-2546

This is a very nicely framed CS $100 bill that is double-matted and open on the reverse to show a red stamp indicating interest had been paid up to 1 January 1864 at Augusta. This is T-41, the $100 interest bearing note, guaranteeing 2 cents a day interest, introduced in the Fourth Series of notes issued under the Act of 17 April 1862 and amended 23 Sept. 1862. Full payment was guaranteed six months after the conclusion of peace between the C.S. and U.S. Interestingly, this note bears a read stamp on the reverse indicating interest payments had been made, bringing it up to date as of 1 January 1864 at Augusta.

The bill was printed by Keatinge and Ball in Columbia and shows John C. Calhoun of South Carolina at left. At right a standing female figure, likely Columbia, holds a wreath at her side with which she is (we presume) ready to crown the victor. She is shown with uplifted, expectant eyes and a rather exasperated hand gesture, perhaps wondering what is taking so long. At top center slaves toil in the field. The condition of the bill is excellent. Numbers in red ink appear at top, date and signatures in brown ink at top right and at bottom. This is ready to display. [SR] [ph:L]

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