From the Mechanics Savings Bank to the Confederacy

Discussion in 'Paper Money' started by johnmilton, Apr 13, 2023.

  1. johnmilton

    johnmilton Well-Known Member

    Here are two $10 notes with very similar designs. This one was issued by the Mechanics Savings Bank of Savannah, Georgia on July 1, 1855.

    T-23 Bank Plate 1855 $10.jpg

    The bank donated the plate to the Confederate Government which turned them over to firm of Leggett, Keatinge & Ball. They modified it to make Confederate note T-23.

    T-23 1861 $10.jpg

    It was not known who the man in the lower left corner was for a long time. He was thought to be Williamson S. Oldham who was a Confederate state senator from Texas.

    Finally in a 1917 Numismatist article he was identified as John Elliot Ward, who was the president of the Mechanics Bank. Ward did not agree with secession. When the war started, he moved to New York City where he practiced law. Oddly enough, a man who supported the North, was pictured on a Confederate note.

    A similar situation exists for Confederate Note T-32. That note is a lot harder to find in decent shape, so I don't have one.
     
    Dynoking, ldhair, J.T. Parker and 7 others like this.
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