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    Description

    Richmond, VA- S.P. Cocke / Southern Exchange 15¢ Sep. 10, 1861 Jones PR60-773 PCGS Fine 15.
    This note is part of one of the more complex Civil War scrip series. While Cocke's background is, at least for the time being, lost to the ages, we do know that he was a prodigious issuer of scrip that was in some respects humorous. Noted Virginia specialist Richard Jones points to his use of terms like "Southern Change," "Southern Exchange," and "Southern Remedy" as well as a seal on many notes indicating "Necessity is the Mother of Invention" and a reference to the "Basin Bank" (probably a reference to nothing more than the banks of the James River which flows past Richmond) as being humorous observations on the state of affairs. Jones believed that this particular design and denomination had an R-5 Rarity Rating (10-24 surviving examples). This example, which exhibits the seal and other previously mentioned references, is evenly circulated with no condition qualifiers noted.


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    Auction Dates
    February, 2020
    25th Tuesday
    Internet/Mail Bids: 8
    Lot Tracking Activity: N/A
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