1864 50¢ Confederate States Note – PMG Choice Uncirculated 63

Description

1864 50¢ Confederate States Note – PMG Choice Uncirculated 63
Offered for your consideration is a 50¢ Civil War era note issued by the Confederate States of America, cataloged by the late Grover Criswell as a T-72. The central vignette features a profile portrait of Confederate President Jefferson Davis, presented in an oval frame. The financial obligation, which appears below the portrait, states that
“The Confederate States of America Will pay FIFTY CENTS to bearer”
, followed by the engraved signatures of
“Ro. Tyler”
as
“REGISTER”
and
“E C Elmore”
as
“TREASURER”
(this denomination note is the only one authorized to bear engraved instead of manuscript signatures). This note was printed on pink paper by
“ARCHER & DALY, RICHMOND, VA”
as noted by their imprint at the right, and was part of the
“1
st
SERIES”
. As with many other Confederate notes, this piece was redeemable for specie and withdrawal from circulation
“Two Years after the Ratification of a Treaty of Peace between the Confederate States and United States”
(this allowed for a period when the Confederacy could open trade and establish an economy of their own). The back, in common with many notes of the era, was left blank. Notes of this denomination were the only fractional issues of the Confederacy, leaving unanswered the question of how an individual was to receive change for a purchase if it was in any amount other than 50 cents. An interesting and historic note.
This note has been professionally graded and encapsulated by Paper Money Guaranty as “
Choice Uncirculated 63
”. An additional notation on the holder indicates that the note exhibits “
Minor Rust
”. The exact nature of tis rust is not readily apparent to the seller, unless they are referring to the foxing spots scattered throughout the design (these are most easily seen on the un-printed back). Light toning is present across the entire surface, somewhat lightening the original pink paper. A few small pinholes are scattered throughout the design, virtually unseen unless the note is held up to the light. The note exhibits irregular edges, due to cutting at the time of issue (these pieces were cut from larger sheets, with probably more than one sheet stacked at a time). Sadly, due to this cut, the lower right frame-line has been significantly affected, approximately half-way across the bottom (it is interesting to note that approximately the same amount of the note above this on sheet can be seen at the upper right corner). An interesting and popular note, issued as it was near the close of the war. A nice addition to any Confederate currency or general Civil War collection.
A .95 charge will be added to the winning bid for postage and insurance.
A .00 charge will be added to any item picked up in person at our physical location.
If you have any questions regarding this item, please ask before bidding.
Buy or Bid with Confidence – American Coins & Collectibles President Richie Self has worked 6 years as a paper money grader/authenticator. He has contributed to numerous reference books within the industry, as well as being a co-author of “The Comprehensive Catalog and History of Confederate Bonds, 2
nd
Edition” with Douglas B. Ball, Ph.D., Henry F. Simmons, M.D., Ph.D. and James R. Desabaye. Mr. Self is a life member of the American Numismatic Association, the Society of Paper Money Collectors, as well as numerous regional numismatic associations. He is an authorized submitter to NGC, PCGS, and PMG, a diamond founding member of Coin Dealers Helping Coin Dealers and a supporter of the Industry Council for Tangible Assets. American Coins and Collectibles can be found at many of the state and local coin shows.
American Coins and Collectibles
Shreveport, LA