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Confederate money

dav1965dav1965 Member Posts: 26,540 ✭✭✭
edited February 2011 in General Discussion
Went to my dads today and he gave me some confederate money. If i could cash it in it would be nice. If only we would have one. But like Jerry Clower said it aint over yet. [:D]

Comments

  • Duce1Duce1 Member Posts: 9,329
    edited November -1
    If only I could go back in time. As a child my brothers and I had been given stacks of old confederate money and we played with it and tore it up, gave it away and so on. Nothing left of it other than memories. I bet we had $20 thousand in the old money.
  • dav1965dav1965 Member Posts: 26,540 ✭✭✭
    edited November -1
    It would be nice if it was from the other side and i had 160 years of intrest. [:D][:D]
  • mark christianmark christian Member Posts: 24,443 ✭✭✭✭
    edited November -1
    In nice shape some of those CSA notes are worth big money to collectors and far more valuable than our current Federal Reserve Notes, which are practically worthless paper.
  • Duce1Duce1 Member Posts: 9,329
    edited November -1
    quote:Originally posted by dav1965
    It would be nice if it was from the other side and i had 160 years of intrest. [:D][:D]


    I would only hope. I can remember some of this money having notes written on them to pay for the farm or to get something for them at there camp and so on. That probable would make it more valuable than the face value I would think, but I was young and dumb and had no clue to what I had.
  • gruntledgruntled Member Posts: 8,218 ✭✭
    edited November -1
    As I recall there are about six types of Confederate notes that are worth well over a thousand dollars each even in very poor condition.
    Almost all of the earlier notes are worth far more than face, even the cut out cancelled ones.
    I started collecting them almost sixty years ago but when I finally got serious about trying to get the full set those last few had become far too expensive. I still needed the T1, T2, T3, T4 & one other. The real problem is that those notes have always been rare collectables & there are few if any low grade ones.
    I finally wound up selling them all at a coin show about twelve years ago to the same guy I had bought many of them from. They must have gone up quite a bit because he paid me quite a bit more for them than he had sold them to me for.
  • kimikimi Member Posts: 44,719 ✭✭✭
    edited November -1
    Confederate notes were pretty much worthless when I found a bunch of them in a fruit jar that had been buried in a field behind a house in Beaumont, Texas.

    This was about 1954, when the ground was soft after some heavy rains and the area behind the house was used as an alley. It seems that a truck made a pass through there and pushed the mud up and away from the ruts to expose the jar. I spied the top edge of the lid and glass, all intact once uncovered, with the money in it. That was exciting as all get out, and is still exciting to me today when I think about the circumstances that surround it!
    What's next?
  • 11b6r11b6r Member Posts: 16,584 ✭✭✭
    edited November -1
    I still have the mustering out pay of an ancestor. GENUINE Confederate currency is typically worth at LEAST the face value. In many cases, MORE than face value.

    Which, come to think of it, is a hell of a note on the state of the US.
  • PearywPearyw Member Posts: 3,699
    edited November -1
    In nice shape they are worth a good bit more than face. Most of what I see is reproductions. Look at the signitures. They should be done in brown ink. If they are black ink, they are reproductions. I like the Confederate notes issued by the states. They are rarer.
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