Collect Confederate Bonds; They’re Unusual Conversation Starters
You have very likely seen some Confederate currency, whether the original thing in a museum, or a reproduction you can find for sale in gift shops close by old battle sites. But have you ever looked at a Confederate States of America bond?
Confederate bonds brought in funds for vitally required food and clothing and other necessities for Rebel troops in the course of the conflict. They constituted a means for the the government at Richmond to raise money by getting its citizens and others to lend to it. A person would provide funds to the Confederacy and in return be given a bond, which was a containing a written promise to repay the lender–along with a certain amount of–beginning on a certain date in the future.
As you can guess, most of the people who advanced money to support the Lost Cause never saw a dime back. The end result: the lenders secreted those Confederate war bonds away in a chest of drawers or in a trunk in the closet, never bothering to try to turn in the attached coupons, now rendered completely valueless by the Confederacy’s defeat.
Nowadays, the bonds that survived these many decades are prized by collectors. And, you can turn around and sell Confederate bonds (along with other types of paper items) in the online auction market for good money.
Confederate bond certificates are lovely when framed and shone on the wall. Many of them really look like true works of art. Additionally, as a result of their historical aspect, they can well spark many a long discussion.
The Confederacy promulgated a number of bond issues throughout the course of the war. For each issue, several different “denominations” (meaning the certificate’s face value) were sold. These all had different decorations, and often even different pape colors, to distinguish them from one another.
Folks who collect them are intrigued by the vignettes, or illustrations, used on the different Confederate bond certificates. Among the ones to be mentioned are an allegorical male figure reclining on an elbow, with maps and a world globe; a locomotive with a tall sailing ship in the background; a a steam paddlebot; a seaman brandishing a Rebel flag and resting a bale of cotton; and the Confederacy’s president Jefferson Davis esconced in a tableau of cannon and flags.
If you also decide to frame one of these Confederate bond certificates and put it on display, possibly in a study or office, you will often enjoy looking at it and admiring its arresting, antique appearance. If you’re like me,, you will surely find yourself musing over what it might have been like to be alive in that monumental era and during those particular exciting yet tragic years.
Southern citizens weren’t the only persons to buy Confederate bonds. Some persons across the sea in England, and also as other parts of Europe, did so too. Perhaps they were folks whose sympathies in the Great Conflict rested with the Confederacy and its leaders. Or quite possibly they were simply betting on the outcome of the war.
If your interest in Confederate bonds reaches beyond simply possessing them and admiring their beauty and historical aura, you will find them to be an excellent entry ticket into scripophily. This is the collecting of old financial certificates, which can include bank instruments, stock certificates, railroad bonds and more.
If you’re a history buff–or if you’re simply looking for a different kind of “art” with which to cover your walls–learning about Confederate bonds and purchasing a handful carefully chosen examples could transform itself into a captivating yet affordable pastime. As well,It is also an excellent area to look into if you cotton to the idea of earning money by selling “paper”–books, magazines, old prints and so on.
Leave it to an enterprising British woman to become the foremost authority on making money–even earning a living–selling pieces of American paper, not only old money and bonds but even pages ripped from old magazines. You can learn more about this woman’s surprising eBay paper selling method here.
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