225
State Of Alabama 25 Cent Note January 1st 1863 No. 9253 Civil War Era Grades vg, very good
Currency:USD
Category:Coins & Paper Money
Start Price:10.00 USD
Estimated At:25.00 - 100.00 USD
SOLD
14.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Nov 04 @ 20:03UTC-5 : EST/CDT
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State Of Alabama 25 Cent Note January 1st 1863 No. 9253 Civil War Era Grades vg, very good. At the beginning of the war the Confederate treasury planned to issue half-dollar and one-cent coins. Pattern pieces for the half dollar were produced at the New Orleans Mint, but insufficient supplies of metal in the South prevented its production in any quantity. Later, the Confederacy even resorted to placing an order for its coinage with a private mint in New York. A northern minter prepared dies and struck 12 specimens before fear of prosecution by the Union government forced him to halt the project. Such fears had not stopped another northern business firm from printing the Confederacy's first paper currency. Earlier, in 1861, the National Bank Note Company of New York printed a million dollars in Confederate notes and successfully smuggled them to the rebel government in Montgomery, Alabama. As millions and millions of dollars in Confederate notes continued to be printed in the South, North Carolina's economy and the economies of the allied states had to cope not only with the burgeoning supply of national issues, but with locally produced currencies
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Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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