Happy Holiday's Coin Consigns Auction 3of3 Day 4
By Key Date Coins
Contact auction house
Dec 21, 2021
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
Terms of sale
View demo
The auction has ended
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LOT 591:
Rare September 2nd 1861 $20 T-18 Confederate States of America CSA Graded f12 By PMG. This $20 Confederate note ...
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Sold for: $80
Start price:
$
20
Estimated price :
$62 - $125
Buyer's Premium: 20%
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Rare September 2nd 1861 $20 T-18 Confederate States of America CSA Graded f12 By PMG. This $20 Confederate note shows a seated woman (Industry) behind a large 20 with cupid and a beehive in the center. On the right side of the note is a seated woman (Hope) with an anchor and a palm tree. In the lower left corner of the note is a drawing of Alexander Stephens, Vice- President of the Confederate States. This note was printed with black ink on either plain or watermarked paper.After the Civil War broke out in 1861, the newly established Confederate government began to issue it's own money as legal tender to the citizens of the South. The gamble was that if the South won the war, the money would be redeemable. The 1st note from the Government of the Confederate States of America was issued in April of 1861. From then on, notes were issued on through 1864. Almost every Confederate note was painstakingly hand signed and numbered. It is not uncommon for these notes to have uneven, or rough borders since scissors or shears were used to hastily cut the sheets of notes apart.
