My Newest CSA Note

Discussion in 'Paper Money' started by Collecting Nut, Apr 23, 2023.

  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    This is a Confederate States of America Note. It’s an 1862 $100.00 Note. Catalog number T-39. It’s a bit rough but I’m fine with that. The top is trimmed very tight, especially on the left. The right side is unfortunately cut into the design but that is known on early issues as they were cut and numbered by hand. The lower right corner is damaged but it’s not considered that bad.

    This is a $100 Note with a steam train facing left. It also has a steamship in the background giving the impression this was near a port. The coloring is good and has not faded. It also has 2 Interest Paid stamps on the back side.

    Interest was paid to 1st January 1863 in Richmond and in 1864 interest was paid to 1st January in Montgomery. This means the note saw a decent amount of usage from circulation. The signatures are strong and only a few light stains appear on the back side.

    Two other areas of interest that help the note are:
    1) The Note is dated May 5, 1862. This is the first day of issue for this note. Which is very significant as not many are left in existence with that date. I have several of this note but this is the first one for the issue date.
    2) The hand written Serial Number is in red ink. That’s common but this Serial Number is special. The S/N is 707, which is makes it a low Radar Note. Only 264,000 notes were issued for this series.

    There is a “Milkmaid” on the left side of the note and she is carrying milk on her head. Cows are to her left. The train has diffused steam coming out of the smokestack, as does the ship. You can also see the paddles to the steamship in the center of the ship.

    The note was printed by Hover and Ludwig in Richmond, VA. If you look closely you can see the frame lines for the note that was below this one. This has a pane position of A and c. A very nice note in any condition to add to a collection. 389A58E5-9F9D-4480-A265-179A95C85D9A.jpeg 1FA17F1E-525B-4BE5-97D3-A235CB2822AA.jpeg 3CF94930-507A-4B3C-A089-2BDEDC64DD32.jpeg
     
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  3. Kentucky

    Kentucky Supporter! Supporter

    I do not like the confederacy or anything that was associated with it, but that doesn't keep me from collecting these. I have a $1 (unc. or close) and a $10.
     
    Collecting Nut likes this.
  4. mrweaseluv

    mrweaseluv Supporter! Supporter

    very very nice my only "CSA" items consist of a beautiful (fake) cent and an even prettier Bashlow broken die restrike :D
    1861b.jpg 1861br.jpg
     
  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    I love history and the CSA Notes are full of history. The Confederacy only issued 72 notes. So far I have a third of them. I have been able to trace the signatures on some of the notes and it’s amazing. Not many collect them but they are fun and rich, in more ways than one. :)
     
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  6. lardan

    lardan Supporter! Supporter

    Very impressive. If you don't mindd my asking how long did it take to get that more than a third of those notes?
     
    Collecting Nut likes this.
  7. dwhiz

    dwhiz Collector Supporter

    I like any thing with a train on it.
     
  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    Naturally! :):) When I was a kid, 6-8 age range, every Sunday after church my father would drive me to the train tracks. A freight train would go past every Sunday. If the pastor was long winded we would miss the train. That wrecked my day.
     
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  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    I’ve been collecting them for about 8 years now. My first one was an 1864 issue, the horses and cannons. They printed a lot so it low priced. I paid $40 for that one and today it’s worth $100. It’s popular. I have most of the easy to get issues and some of the more difficult ones. Some are raw and other are graded by PMG. Some are blank on the back, some have interest payments like this one and others have signatures or writing.
    One of the notes I own has been traced to Andersonville Prison but my prize possession is the note that has the lowest known serial number of all the CSA Notes know to exist to date. New notes are still turning up but none lower as of now. The history on and of these is remarkable.
     
    George McClellan, dwhiz and lardan like this.
  10. lardan

    lardan Supporter! Supporter

    Great. Sounds like a very great collection of something most have no knowledge of or about.
     
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  11. Collecting Nut

    Collecting Nut Borderline Hoarder

    Yes, very true. I knew about them when I bought my first one but my knowledge has increased only because of my fascination with them. It’s a piece of history that can be held in your hand.
     
    dwhiz and lardan like this.
  12. PamR

    PamR You Never Know! Supporter

    Very nice and yes a nice addition to a collection.
     
    Collecting Nut likes this.
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    Thank you!
     
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