Wow! Key Date Coins AM Live Auction 10 pt1 D4
By Key Date Coins
Mar 11, 2024
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
The auction has ended

LOT 4503:

1864 Third Series Confederate States $1000 Civil War Loan Bond. In 1861, seeking funds for their war effort, the ...

Sold for: $50
Start price:
$ 50
Estimated price :
$250 - $500
Buyer's Premium: 18%
Auction took place on Mar 11, 2024 at Key Date Coins
tags:

1864 Third Series Confederate States $1000 Civil War Loan Bond. In 1861, seeking funds for their war effort, the newly formed Confederacy began offering bonds to its citizens. The bonds seemed a good investment to the constituents of the confederacy and proved popular, with many varieties being issued. However, with the confederacy's defeat in 1865, none of the bond buyers would ever recieve their promised return. These bonds that once became worthless (and were frequently disposed of) are now rare and valuable paper artifacts of the Civil War. This particular loan bond measures 15 x 10 inches, and was issued for $1000 at 6% interest.