Does anyone know approxamite what these are worth. I'm thinking like $15 for the 20 and $20 for the 10.
I don’t know enough to be dangerous with confederate currency. I like the notes because they are part of my family heritage and I own notes like yours that have been passed down. I have been told they are among the more common confederate notes. I believe your prices are in line. I would be a buyer at those prices.
You are probably in the ball park. Better condition common notes sell in the $30 to $40 dollar range.
The 1864 five and ten dollar confederate notes are the most common pieces in the series. By the end of the war, the Confederacy was desperate which led them to pump out large quantities of paper money. Even the 1864 $500 note is not that rare. It's just popular with collectors, probably because of the Stonewall Jackson portrait that appears on it. Overall the Confederacy issued 70 different types of notes during its existence. Forty-six of those designs were issued in 1861 and 1862. Here are a couple of “New” (Uncirculated notes) to show how the higher grade pieces look. And here is the 1864 $500 note. It has only one side because the plates for the reverses of all 1864 Confederate notes were intercepted by the Union blockade. The engravers made backs for the $5, $10, $20, $50 and $100 notes, but for didn't make one for the $500 for reasons that I have yet to learn.
Thanks for the background info. It's really kind of dumb that they tried to just print an excess of bills, which lead to inflation.
That was the least dumb thing they did. If they won the war, they could tax the bleep out of the north to pay it back. If they lost the war, the money is useless and gone anyway. Meanwhile, inflation or not, they could feed the troops and buy bullets.
Oh, I see now. Yeah i suppose that was a good move. If the Union lost, the northern economy would crash with it
When you country or cause is going down the tubes, governemnts are ready to do just about anything. The Continental Congress did the same thing with the Continental Currency during the American Revolutionary War. The value of the money went virtually to zero. That's where the phrase, "Not worth a Contrinental" got started. The fortunate thing for the United States was we had an army, led by George Washington, that had the guts to stick it out PLUS the French who were looking to stick it to the British.
The South was fighting for independence from the North. If they won they could not have taxed another country.