Skip to main content
Go to accessibility notice

    Description

    Ball 156 Cr. 116 £100/2500 Francs/4000 lbs. Cotton 1863 Bond Fine-Very Fine.
    This is one of the fabled bond issues of the Confederacy as it was floated overseas in London and the Continent with the backing of the Erlanger financial empire. These cotton bonds are very popular with collectors and this is an example of the smallest denomination issued. The European printer started with the £1000 bond denomination, thus the Series D designation on the £100 bond. In the 1960s a relative of the Erlanger family burned the remaining bonds in the family's possession thinking that they were worthless paper, thus greatly enhancing the scarcity of the few survivors. This example with 36 coupons shows nice paper integrity with just a few pinholes. The Erlanger bonds are signed by banker Baron Emile Erlanger and Confederate diplomat John Slidell. This is only the fifth Ball 156 that we have auctioned.


    Shipping, Taxes, Terms and Bidding
    Calculate Standard Domestic Shipping

    Sales Tax information  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2017
    4th-10th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 138

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $19) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2019 April 24 - 30 Central States World Currency Signature Auction - Chicago.

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2018 November 7 - 10 Eric P. Newman Collection Part X Currency Signature Auction - Dallas
    2018 November 7 - 10 Eric P. Newman Collection Part X Currency Signature Auction - Dallas
    REALIZED $634,433