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

 $450  

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  $ 50

         CT-56                   

           403

 

 

 

 

 

 

Choice Contemporary

      Counterfeit

 

 

 

 

 

 

 

    Very Scarce

Machine stamped serial # 92865. Printed date of "6th April, 1863". 1st Series. Plate "D". 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 plain paper. All genuine T-56's are printed upon paper bearing the "CSA with wavy Borderline" watermark. Simply a gorgeous example of this very well executed contemporary counterfeit. Incredibly difficult to locate, this example came from the famous John J. Ford Collection which was acquired by me in April of 2005. I will pay three times the amount listed in Tremmell for any problem free CT-56 403 if anyone has any they would like to sell. Fully framed, although cut a tick tight at the lower left front. Forged signatures of W. Hancock for Register and A.W. Gray for Treasurer. Compared to the original, detail is lacking in the seated solder's kepi and face. The note is also shorter than the original. This example bears an October, 1863 red date stamp which is not specifically set out in Tremmell. A small diagonal fold at the lower left from the back, which I had a very difficult time detecting. Under high magnification, it appears to be a sheet crimp to me. Nonetheless, we shall be conservative and call it a fold. Relative to a note of this scarcity and importance, it matters little, if any. An opportunity to acquire an absolutely gorgeous contemporary counterfeit 56. Cracking crisp and fresh with not even a single pinhole. An "opportunity" note if there ever was one.

Choice

Almost

Uncirculated+

  SOLD

 

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 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-413/4

 

 

 

 

 

 

 

   PMG CHOICE

UNCIRCULATED 64

Serial # 4391. 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. Red July, 1863 date stamp. Printed date of July 6, 1863. Green ornate reverse. A totally spotless, bright and stunning example of the issue. Very, very few T-57's have attained the grade of New 65 by either grading service. The issue is incredibly difficult to locate in that grade due to the fact that there were no frame lines to assist those trimming the notes from the uncut sheet 154 years ago. The note is not trimmed into the design, however is close at the right margin when viewed from the front. There remains white paper outside of the design, even though slight; it is present. Simply amazing color and clarity. It is truly hard to believe a "piece of paper" could survive for 154 years and remain in this incredible state of preservation. One could look through thousands of uncirculated T-57's and fail to locate an example this attractive. Superb eye appeal and truly a wonderful Confederate Treasury note.  PMG

CHOICE

UNCIRCULATED

      64

  SOLD

 

Reverse

 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


 

Please visit the Terms page to order.

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