From 1861 to 1865, the Confederate States of America produced and circulated its own currency for use in the Southern economy. Unlike the currency of the Union, the Confederate States dollar was not backed by hard assets, and most denominations were issued with a promise to pay the bearer with interest upon the conclusion of the war. With the Confederacy’s loss, these notes were rendered useless from a monetary standpoint, but remaining specimens hold collectible value in many circles. Now, 1864 50 Cents Confederate Currency Notes in uncirculated condition are available to you for purchase online at Silver.com.
Note Highlights:
- Notes ship to you in plastic currency sleeves!
- Second printing of a 50-cent Confederate currency note!
- Released in the seventh and final series of Confederate notes!
- Issued a face value of 50 cents by the Confederate States of America.
- The obverse depicts President Jefferson Davis.
- On the reverse is a blank field.
The Confederate States of America issued its coins and notes with the assistance of banks, lithographic companies, and other small businesses throughout the South. Over the course of seven series of note authorizations, the Confederacy released coinage and notes into circulation for Southerners to use in commerce.
Unlike the notes of the North, the notes produced and circulated in the South were not backed by hard assets. Notes such as these 1864 50 Cents Confederate Currency Notes were payable to the holder only after a set period of time and under certain circumstances. In particular, the notes were not payable by the Confederate government until two years after the ratification of a treaty of peace between the United States and the Confederate States.
The obverse side of 1864 50 Cents Confederate Currency Notes features a portrait of President Jefferson Davis, the first and only Confederate president. This right-profile portrait is set at the center of the note with other printed details highlighting the company that produced the notes. In particular, Archer & Halpin of Richmond, Virginia, produced these notes.
On the reverse field of 1864 50 Cents Confederate Currency Notes there is a blank field. Many Confederate notes had no designs on the reverse field, with those that did often boasting a simple print of the denomination. The 50 Cents Note was introduced in 1863 with the 6th Series of Confederate currency. The 7th Series, authorized in 1864, was the final one and resulted in the introduction of roughly 1.1 million of these 50-cent notes.
These 1864 50 Cents Confederate Currency Notes are available with a protective plastic sleeve. Each note is in uncirculated condition. A note in this condition has only minor signs of circulation use. You may notice the designs are slightly off-center with margins that creep into the design field. Notably, there are no folds on the notes.
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