Live auction - Lot 985
[America - Confederate States]
1863 Confederate States of America Loan of $1,000 at 6%.
Richmond, G. Dunn, [1863]
€ 120 / 200
Live bidding (Drouot*) Live bidding (Invaluable*)Bidding is closed
Lot description
1 f. (28,5 x 35,5 cm), on paper, in English (some foxing, browning).
Loan authorized by Act of Congress C.S.A. of 25 March 1863. Early in the Civil War, the C.S.A. issued bonds to help raise money. These bonds seemed a worthwhile, even patriotic, investment to the Southerners who bought them. The war was going well for the Confederacy and the bonds promised a tidy profit in interest. With coupons (some cut off). Ruled with an elaborated border.