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LOT 2779:
1864 Confederate States $1000 Civil War Loan Bond Grades. In 1861, seeking funds for their war effort, the ...
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Start price:
$
400
Estimate :
$250 - $500
Buyer's Premium: 25%
sales tax: 6.625%
On Buyer's Premium Only
Users from foreign countries may be exempted from tax payments, according to the relevant tax regulations
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1864 Confederate States $1000 Civil War Loan Bond Grades. In 1861, seeking funds for their war effort, the newly formed Confederacy began offering bonds to its citizens. The bonds seemed a good investment to the constituents of the confederacy and proved popular, with many varieties being issued. However, with the confederacy's defeat in 1865, none of the bond buyers would ever recieve their promised return. These bonds that once became worthless (and were frequently disposed of) are now rare and valuable paper artifacts of the Civil War. This particular loan bond measures 16 x 8.5 inches, and was issued for $500 at 6% interest.
