577
US Fractional Currency 50¢ Fourth Issue March 3, 1863 Fr-1379 Grades vf+
Currency:USD
Category:Coins & Paper Money
Start Price:14.00 USD
Estimated At:25.00 - 100.00 USD
SOLD
55.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Dec 06 @ 01:12UTC-5 : EST/CDT
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
US Fractional Currency 50¢ Fourth Issue March 3, 1863 Fr-1379 Grades vf+. By the end of the Civil War, the federal government imposed a hefty tax on state bank notes. The state of Louisiana was able to cleverly avoid paying the tax by issuing bank notes disguised as bonds with interest-bearing coupons, like these $5 "Baby Bonds" - nicknamed because of the picture of the baby engraved on the face. The public knew they were worth the same as federally approved currency, so they were used throughout Louisiana like regular bank notes. This genuine $5 Baby Bond bears its own unique serial number and the facsimile signature of Louisiana's state treasurer, Ed Bunker. It will make a most attractive and unusual addition to your collection.
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
Previewing Details:
Online ONLY.
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
Additional Fees:
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