DescriptionBonham, TX- $246 Exchange Certificate Dec. 26, 1864.
This is a very interesting and rarely seen piece of Confederate financial history from an outpost on the Texas frontier. Exchange Certificate No. 1277 C.S. Depositary's Office Bonham, Texas Dec. 26th, 1864. This certifies that I.S. Richardson has deposited in this office, two hundred and forty six dollars of "Old Issue" Treasury Notes, to be exchanged, on his order, for two-thirds of that sum in "New Issue" notes, under Act of Congress of 17th of Feb'y, 1864, when this office shall be supplied with funds for the purpose, and on surrender of this certificate. Value $166 New Issue. "New Issue" notes (the February 17, 1864 issue) were exchanged at a lesser rate for older notes as an attempt to curb inflation. It looks like the clerk's math was $2 off and anyway, Mr. Richardson must have never surrendered this certificate to get his money, thus a boon for today's collectors. Very Fine.
Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)
Sales Tax information | Terms and Conditions
Bidding Guidelines and Bid Increments
Glossary of Terms
Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.
Opens about 01/02/2018
- Past Auction Values (prices, photos, full descriptions, etc.)
- Bid online
- Free Collector newsletter
- Want List with instant e-mail notifications
- Reduced auction commissions when you resell your
- Cash Advances
- More Bidders
- Trusted Experts
- Over 200,000 Satisfied Consignors Since 1976
Learn about consigning with us
HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)