Anyone collect old Currency ?

dcinffxva

I have a sheet of banknotes from the "Bank of the Valley" Winchester Virginia. They are only printed on one side, and contain 4 notes each, three $1.00 and one $2.00. My guess is that they were bearer bonds and printed this way so they would be in $5.00 sheets.

Does anyone have kowledge of this note, and what would an approximate value of these sheets be ?

Thanks !

dav1965

I collect old money. I have several from that time era and some from the Confederate states of America. My guess would be that it is either a state bond for Virginia or a bank bond for Virginia. I have some state bonds for NC from the late 1800s that look like that. I think mine are only printed on one side but i dont feel like digging through the safe because i dont know where they are. Im guessing if the were single about 10 dollars a piece all together they are worth more. My prices might be bad because with these times things are harder to sell.

dcinffxva

Dav1965,

Thanks for the quick reply !

I posted this on a couple of other sites, and got some info. There have been two that sold on on-line auctions. one in 2010, the other in 2007. One went for $195, the other went for $200.

I have about a dozen Confederate notes, and they seem to be selling for between $20-$30 each now. These appear to be quite a bit more scarce and/or collectable. Unfortunately, it isn't mine. I am seeking information for a guy I did some business with recently.

Junkballer

A lot of Confederate money was printed only on one side and by local banks. It does'nt have to say CSA to be Confederate money.

dcinffxva

I'm no expert on currency, but I would have to guess that anything printed "Republic of Texas" would have to be pre-statehood. Those do look suspiciously like reproduction notes made for tourists though. Not saying they aren't legit, but I would have my doubts.

Pearyw

I looked these up in my Haxby book of obsolete bank notes. They date in the 1840s from the Bank of the Valley in Virgina. They were listed at $125 each in VF condition. They did not list an unissued value. The bank went broke in 1860. A uncut sheet is more valuable than the individual notes. Collectors general prefer notes that were actually issued, dated, and signed.

Hunter Mag

Do morgans count as currency?

CDMead

quote:Originally posted by dennisnielsen



Sorry to say, but those notes are replicas.

Edited to add: Not the OP's sheet. Just the notes in the above picture. And you can tell because the paper is wrong. It should be a thin newspaper type paper. And the signatures should be hand signed.

CDMead

quote:Originally posted by Hunter Mag
Do morgans count as currency?








Not bad at all. Old green holders, too. I like the 85-CC prooflike. [:D] [:p]

v35

I have $50 State of Georgia with 2 signatures in sepia ink and 1862 seal on back bought by me in about 1947.
Also $100 State of Alabama 1864 on wrinkled brown parchment and may be a copy.

Pearyw

The usual giveaway on Confederate money is black signitures. The origonals were signed with a brown ink.

CDMead

quote:Originally posted by Pearyw
The usual giveaway on Confederate money is black signitures. The origonals were signed with a brown ink.


From what I've been told the ink really was black when they signed them. There is such a high iron content in the old ink that it actually rusts brown. It's also highly acidic, so it'll eat through the paper also.

Pearyw

From what I have read, the ink was corrosive and various shades of brown. All I know for sure is that all of the Confederate bills I have have brown signatures at this time. I have seen state issued Confederate notes that were printed on the backs of older obsolete notes when paper was hard to get. The Confederate notes were promissory notes that were to be paid back with interest after the end of the war. The notes that the individual states issued are rarer than the Confederate government notes. Texas and Florida notes are a lot rarer than the others.

dcinffxva

Originally posted by Hunter Mag
Do morgans count as currency?

Absolutely !

Since they have the nice holders, I'll give you double face value !

dcinffxva

quote:Originally posted by Pearyw
I looked these up in my Haxby book of obsolete bank notes. They date in the 1840s from the Bank of the Valley in Virgina. They were listed at $125 each in VF condition. They did not list an unissued value. The bank went broke in 1860. A uncut sheet is more valuable than the individual notes. Collectors general prefer notes that were actually issued, dated, and signed.


Thanks for the info !

Is the Haxby book one currently in print, or the old one ?

Pearyw

The Haxby book is a 4 volume set that has been out of print about 10 years. It lists about all of the known US obsolete notes.