Inventory - CSA - 1861 - 1862 - 1863 - 1864:
 

Below are our current 1863 CSA offerings. Visit the Terms page to order. To Return to Home page; click "Shipley's Currency at upper left.

A FEW WORDS ABOUT 1863 ISSUES:
    You will note that the following denominations of 1863 issues bear a red date stamp consisting of the month and year upon the face of the note: $100..T-56;  $50..T-57;  $20..T-58;  $10..T-59 and the $5..T-60. As spiraling inflation was out of control by the time these notes were issued, every attempt was being made to reduce the amount of circulating Treasury notes by the Confederate Legislature in order to curb inflation. The red date stamp reflects one effort to achieve this; termed "voluntary redemption" by Secretary of the Treasury, Christopher G. Memminger. Memminger was opposed to "voluntary redemption" and actually wanted to tax all existing Treasury notes out of existence at the time these issues were released. There are perhaps three to four of all T-58, T59 and T-60 known that are missing the red date stamp.
    The red date stamp illustrates the limited degree the Legislature was prepared to go; considering Secretary Mermminger's proposal too drastic at the time. The purpose of the red date stamp was to provide knowledge to the holder of the note that he/she had 12 months from the first day of the month on the stamp to fund these Treasury notes into six percent interest bearing bonds. If not so funded, they were payable at zero percent interest two years after a treaty of peace was ratified between the Confederate States and the United States. An explanation as to why a very high number of 1863 issues are cut-cancelled... they were funded into interest bearing bonds.
*Caveat T-58, T-59 and T-60 are extremely difficult to locate bearing remotely good trim.


 

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Abbreviation Key


     

ALL NOTES IN STOCK UNLESS OTHERWISE INDICATED.

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 1863  $ 100  T-56    CR-403/1

 

 

 

 

  PCGS CHOICE

 ABOUT NEW 58

       PPQ

Serial # 7077. 1st Series. Maroon April, 1863 date stamp to far right. "CSA" with wavy borderline watermark. As bright white and detailed as the day it was printed. Cut ever so slightly tight at the upper right, front. Bold, legible signatures of J. W. Jones (John W.) for Treasurer to lower right and J. O. Snyder (John O.) for Register to lower left. A gorgeous T-56, despite being trimmed just a hair tight. Rarely this white. In today's current market; one can forget about acquiring decent Confederate Treasury notes at "book" prices. Reminiscent of the late 1990's, I am required to pay a good bit more to replace any given note sold. Needless to say, I have never witnessed the supply of CSA notes as thin as it is today. A very attractive, problem free example.

PCGS

CHOICE

ABOUT

NEW 58

 

PPQ

 

Premium

Paper

Quality

 $425  

Reverse
Pic 2

 1863  $100  T-56   CR-403/4

 

 

 

   PMG AU 55

Serial # 2539. Central vignette of Lucy Pickens; Wife of the former U.S. Ambassador to Russia and Governor of South Carolina. Two soldiers to lower left and oval of George Randolph, CSA Secretary of War to lower right. Green, Fundable/"100" reverse. Printed upon paper with CSA wavy borderline and block letters "CSA" in middle. July, 1863 red date stamp. Two small corner folds at the lower left reverse. Cut a tick tight at the lower left front. A very appealing example with no problems. A very affordable, high end T-56.  AU

 

 PMG  AU   55

 $325  

Reverse
Pic 2

 1863  $100  T-56   CR-403/4 Serial # 2735. Plate A. As crackling crisp and fresh as the day it was printed. In checking my records, I find that I have scans and have sold the T-56 s/n 2735 plate "B" and s/n 2735 plate "C" notes. Further, it is interesting in that these notes were not acquired by me at the same time nor were they sold at the same time. Both notes had been third party graded Choice New 63. I would venture to say this note would grade the same, as it came from the same four note sheet. A very rare inking phenomena appears upon this note which did not on the others nor on any T-56 I have seen before. During the printing process, something apparently attached itself (small piece of linen or any number of things)  to the plate after inking which went unnoticed. The foreign object absorbed ink and struck the note between the "S" in States and "o" of "of" on the front (See Pic 2). What occurred some 150 years ago is pure speculation; although the extra ink mentioned upon the note is not speculation and is readily visible. Whatever the cause of this most unusual event must have been remedied right away; as I've never seen another such plate error. An interesting look at the printing process and most intriguing. A very appealing, unusual and most attractive T-56.  UNC  $425  

Reverse
Pic 2

 1863  $ 100  T-56    CR-403/7       

 

 

       PCGS

CHOICE ABOUT       

      NEW 58                     

 

 CHOICE NOTE

 

 

 

   Fully Framed and

         Superb         

Serial # 31766. Plate "A". Printed date of April 6, 1863. Red October, 1863 date stamp. Watermarked "CSA" in block letters surrounded by wavy borderline. Central vignette of Lucy Pickens; Wife of the former U.S. Ambassador to Russia and Governor of South Carolina. Two soldiers to lower left and oval of George Randolph, CSA Secretary of War to lower right. Green, Fundable/"100" reverse. A magnificent T-56 and a true sight to behold. I can locate no folds or light bends whatsoever upon the note; not even a small corner bump. Not toned as many T-56's are. Incredible trim and very, very conservatively graded. I tend to grade most notes in grading service holders tougher than the grading services do. As stated, I cannot locate any light bend, fold, corner bump or handling whatsoever. Definitely a collector oriented graded note and choice. Amazing eye appeal. I have handled a good many T-56's in over 4 decades and I don't know how one could locate a better example than this one....no matter what the grading service holder says.

PCGS CHOICE

ABOUT NEW

     58           

 

 

 Under Graded

 $425  

Reverse
Pic 2

 1863  $100  T-56   CR-403/7

  PCGS CHOICE ALMOST NEW 58        PPQ          

 Serial # 31770. 1st Series, October 1863 Date Stamp. Somewhat toned, although not unexpected of the issue and the fact that this paper is well over 150 years old. Razor sharp corners and one of the highest serial numbers I've seen on a T-56. A superb note for the price and totally problem free.

 PCGS

  AU 58

  PPQ

 $375  

Reverse

 1863  $50  T-57 CR-410/10  Serial number 11669. January, 1864 date stamp. Engravers name; Columbia, S.C. above fundable clause at far left. "CSA" with wavy borderline watermark . No Series. In addition, there is also present and visible at the lower left face of the note a good portion of the red CSA Treasury stamp, most frequently found upon issues of 1864. Such 1863 examples so stamped are by no means common...much less upon a variety as scarce as this one. The note is very lightly cut-cancelled although is bright, fresh and as crisp as new. Super color and eye-appeal. A scarce note indeed.   AU/CC  $275  

Reverse

 1863  $  50  T-57    CR-413/6       

 

 

 

 

 

   PCGS VERY         

 CHOICE NEW 64

         PPQ

 

 

 

 

 

   CHOICE NOTE

Serial # 35029. Printed date of July 6, 1863. Keatinge & Ball, Columbia, S.C. above fundable clause to far left. First Series in large letters. Period after series. No flourish above "Con" in Confederate. Three flourishes under "de" of Confederate. Watermarked "CSA" in block letters with wavy borderline. Green ornate reverse. Red "SEPT'R, 1863" date stamp. An outstanding example of the issue which markedly stands out from other T-57's assigned the same (or higher) grade and therefore must be considered "choice"Incredible eye appeal and trim. A Gem New 66 graded T-57 recently sold for the princely sum of over $18,000, due to the fact that it carried a 66 grade. I saw that note and other than the number assigned to the grading service holder; could ascertain very, very little difference in that note and the note offered here. Perhaps the centering of the back was slightly better on the $18,000 note; but over $17,350 better? I suppose it is human nature to want the best (or what someone thinks is the best). Irregardless, here is the opportunity to acquire one of the best T-57's you will ever have the opportunity to add to your collection. I have included "pic 2" in order for you to get a closer look at this magnificent note. As I have stated, quality CSA type is no longer available as it was even a scant 5 years ago. A note that no collector can possibly go wrong with and that will never need upgrading. A superior note to any Choice New 64-65 graded note that I have ever seen. Superb quality and choice.

PCGS VERY

CHOICE NEW 64

       PPQ

 

PREMIUM

PAPER

QUALITY

 $650

  SOLD

 

Reverse
Pic 2

 1863  $ 50  T-57    CR-417/4

 

 

 

 

   PCGS Choice

   About New 58

Serial # 5154. Keatinge & Ball, Columbia, S.C. above fundable clause to far left. "FIRST SERIES" in small letters. Red July, 1863 date stamp. No period after Series. One Flourish over "on" of Confederate. Two flourishes under "de" of Confederate. Watermarked "CSA with wavy Borderline". Printed date of July 6, 1863. Herein Criswell and Ball/Fricke differ. Criswell lists this variety of the T-57 as having "No period after Series"; whereas Fricke lists the 417 as possessing a period after First Series. Irregardless, a very attractive and high grade T-57. Green, ornate back. Outstanding color and freshly inked. Excellent color, clarity and contrast. Cut uneven; although as original as you can get. No pinholes or other problems; otherwise the note would never have made the grade of AU 58. A most attractive, high grade T-57 at a very reasonable price.

PCGS CHOICE

ALMOST

NEW 58

 $335  

Reverse

 1863  $  20  T-58    CR-421

       PF-12                   

 

 

 

    PMG ABOUT         

UNCIRCULATED 50

 

 

  Very tough          

     this nice                        

Serial # 104287. Printed date of April 6th, 1863. Central vignette of Tennessee State Capitol building at Nashville. Bust of Alexander Stephens; Vice President of the Confederate States to lower right. April, 1863 date stamp. Blue, ornate "20" - "XX" - "20" reverse. Incredibly difficult to locate bearing four frame lines, such as this note does. In fact, an issue which can take years to encounter with four frame lines and in choice condition. Three very light, one inch folds. More like light bends. Obviously from a freshly inked plate, bearing superb detail, clarity and contrast. Amazing clean and fresh. An issue which is many multiples more difficult to locate bearing good trim coupled with the eye appeal this note has than one might think. The T-58, T-59 and T-60 are very much underrated.

PMG ABOUT   

UNCIRCULATED

         50

 $275  

Reverse

 1863  $  5  T-60    CR-464           

 

 

 

 

 

 

 

 

          PCGS                   CHOICE NEW

             63          

Serial # 123063. Printed date of April 6, 1863. No series. Plain paper. Central vignette of Virginia State Capitol building at Richmond (which became the Capitol building of the Confederacy). Bust of Christopher G. Memminger, Confederate Secretary of the Treasury to lower right. Blue ornate reverse. The light dark diagonal line you see running between the bottom of the green portion of the grading service hold and the note is a hair line scratch which has developed upon the glass in my old scanner. It is not a "hair" or other foreign substance....as stated, it embedded in the glass bed of the scanner. Of all Confederate Treasury notes issued, the T-58, T-59 and T-60 will perhaps "trick" collectors the most in so far as locating a suitable, uncut, uncirculated example. Approximately 9 years ago, I was among competitive bidders upon a large group of Confederate Treasury notes which were being de-accessioned from a small Virginia College. Among some other notes, I came away with 6,147 T-58's, 59's & 60's. Of these 6,147 notes, nearly all were snow white, near uncirculated (or were); although were each and every one cut cancelled. It was though the notes had been printed and cut right away. Most were consecutively numbered as well. My point behind relating this story is this. Of 6,147 notes; NOT ONE SINGLE NOTE had a frame line on either the right side or the left side.....one of the two. On many occasions, there were no frame lines upon either the top or bottom as well. This issue is near impossible to locate framed...much less in high grade and uncut. To see a T-60 in a grading service holder at the grade of Choice New 63 is indeed a rare occurrence. It takes a while to actually understand how rare a non cut cancelled, Choice New 63 T-60 actually is. Herein lies a true opportunity that rarely knocks.

    PCGS CHOICE NEW

       63

 $385  

Reverse


 

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