Hay gang! I firstly apologize for the picture quality... my camera died this morning. I took these on my IPhone. I'm not super familiar with how they numbered these. Are low SN's better on confederate notes?
That's a good question. I'm not too sure about that since I've never seen a serial this low on a rebel note. Sorry I can't be of more help, but it's a nice note either way.
Boy that note looks suspect? Not saying it fake, it just I never seen one in that good condition, and absolutely no bleed through of the signatures? Every CSA note I have, has the signatures oxidized and faintly visible on the back. That thing would have to been parked since 1864 in a climate controlled environment. Books in the library of congress didn't fair as well as that note. Anywho, I would get that note graded by a TTG. Oh, never really seen any interest in low numbers CSA, southern states, or obsolete notes? Just having a piece of history in one piece after hundreds of years is enough for most. I guess it would depend on the collector, but I never read anywhere about lower numbers are better? That note is amazing! Not a fan of slabs, but that one needs to be graded for sure...
I agree that the note is suspect. When I saw the title of the thread I was immediately suspect to be honest... I have that same type of note in well-used condition and the signatures are much more faint as is the color on the back. I would focus on getting the note authenticated. If it is authentic you will have a keeper for sure and I believe collectors would pay more for that note than one with a serial number in the thousands (which is where mine is numbered).
This note is definitely genuine. I am sure of that. I was just wondering if anyone knew about the SN's... and if anyone collected them.
Just a quick question... Is confederate currency legal tender today? Don't think so, but I am wondering if people would spend it in the south or if the price of it is ever less than its face value.
I've developed a "mild interest" in CSA notes over the last year or so. I claim no expertise at all, and my samples size is small..having said that... On both auction sites and at venues like flea markets/shows/etc, I've seen a 10-25% premium over "normal" value for lower numbers, with numbers below 100 such as this one closer to the higher end of that range. In exceptional shape, the premium can be as high as 50% to the right audience. I've seen similar premiums for consecutive notes, IF they're in UNC condition. The premiums go even higher for sets of 3 or more consecutive notes. With low numbers, the denomination doesn't seem to matter as much....with sequential numbers, it seems that the higher the denomination, the higher the premium. Again..small sample size, so YMMV of course. For whatever it's worth, as a buyer, I'd easily entertain a 10-15% premium above what i'd "normally" pay for that note, given its serial number.
I've seen a $100 confederate note sell for $5. It wasn't that bad either. But I am going to say no more on the subject because last time I did, I got into it with everyone. They aren't legal tender nor will they ever be.
