Shipley's Currency - Inventory - CSA

Inventory - CSA - 1861 - 1862 - 1863 - 1864:

Below are our current 1863 CSA offerings. Visit the Terms page to order. To Return to Home page; click "Shipley's Currency at upper left.

A FEW WORDS ABOUT 1863 ISSUES:
You will note that the following denominations of 1863 issues bear a red date stamp consisting of the month and year upon the face of the note: $100..T-56; $50..T-57; $20..T-58; $10..T-59 and the $5..T-60. As spiraling inflation was out of control by the time these notes were issued, every attempt was being made to reduce the amount of circulating Treasury notes by the Confederate Legislature in order to curb inflation. The red date stamp reflects one effort to achieve this; termed "voluntary redemption" by Secretary of the Treasury, Christopher G. Memminger. Memminger was opposed to "voluntary redemption" and actually wanted to tax all existing Treasury notes out of existence at the time these issues were released. There are perhaps three to four of all T-58, T59 and T-60 known that is missing the red date stamp. The two I have seen are on T-58...one being in a book and the other just listed for sale here.
The red date stamp illustrates the limited degree the Legislature was prepared to go; considering Secretary Mermminger's proposal too drastic at the time. The purpose of the red date stamp was to provide knowledge to the holder of the note that he/she had 12 months from the first day of the month on the stamp to fund these Treasury notes into six percent interest bearing bonds. If not so funded, they were payable at zero percent interest two years after a treaty of peace was ratified between the Confederate States and the United States. An explanation as to why a very high number of 1863 issues are cut-cancelled... they were funded into interest bearing bonds.

Images open in a new window. After viewing image, close image window to return.

Abbreviation Key

			ALL NOTES IN STOCK UNLESS OTHERWISE INDICATED.
1863	$100	T-56 CR-403/4	Serial # 1763. A splendid T-56 if there ever was one. Fully framed with absolutely no problems. It appears to this writer that those trimming T-56 from the uncut sheet took more time in trimming; as this issue, unlike most other CSA Treasury notes, is often well well cut. This example is no exception. 1st Series with a July, 1863 date stamp on the face. See "A Few Words About 1863 Issues" above for information relating to this stamp. Printed on somewhat darker paper, the note is as crisp, fresh and as nice as they come. Perfect centering of the reverse vignette. No pinholes, chinks or the like. Bright, bold signatures and machine stamped serial numbers. Perfectly cut and a beauty. Getting much tougher to locate in this condition nowadays; and the cost continiues to rise as well.	CHOICE CU	$495	Reverse
1863	$100	T-56 CR-403/4	Serial # 2080. A magnificent example and sure to please to the most discriminating collector. As clean as a pin, crackling crisp and as fresh as if it were printed yesterday. More selvage than usually seen on this issue. The day will soon be upon us wherein such marvelous notes will be tough to find or will cost 5 times what they do now. Excellent centering upon the reverse. Bright white and they get no better. Superb!	GEM CU	$550	Reverse
1863	$50	T-57 CR-408/4	Serial # 5056. "Keatinge & Ball, Richmond, VA" Below "Fundable" clause at far left. CSA block Watermark with wavy borderline. The watermark is perfectly centered. Pristine in all respects. Superb color and as crackling crisp as the day it was printed. No stains, pinholes, chinks or any other problems. A little uneven trim at the top; although all outside the print. Just as with the 1864 $500 issue; this issue is downright scarce fully framed as is this one. Locating a T-57 this nice is tougher than one might expect. While high grade examples abound; 99 out of 100 will have some type of problem. Not so with this one. Bright, bold signatures and snow white paper. I don't know how one could do any better with regard to T-57 than this one. A beauty.	CHOICE CU	$395 SOLD	Reverse
1863	$50	T-57 CR-410/10	Serial number 11669. January, 1864 date stamp. Engravers name; Columbia, S.C. above fundable clause at far left. "CSA" with wavy borderline watermark and an R-8! In addition, there is also present and visible at the lower left face of the note a good portion of the red CSA Treasury stamp, most frequently found upon issues of 1864. Such 1863 examples so stamped are by no means common...much less upon a variety as scarce as this one. The note is very lightly cut-cancelled although is bright, fresh and as crisp as new. Super color and eye-appeal. A scarce note indeed.	AU/CC	$275	Reverse
1863	$50	T-57 CR-414/4	Serial # 4863. July, 1863 date stamp. Incredible color adorn this Columbia, S.C. T-57. Bright, clean and as fresh as they come. Superb eye appeal.	CU	$345	Reverse
1863	$50	T-57 CR-414/7	Serial # 37697. "1st Series" in small letters. "Keatinge & Ball, Columbia, SC" above "Fundable" clause to far left. October 1863 date stamp. A gorgeous example of the issue which also bears a 95% complete full CSA Treasury stamp at the upper right corner. The CSA Treasury stamp is frequently seen on issues of 1864; however, is seldom seen upon issues of 1863. The general consensus is that this stamp was a means of quality control or for accounting purposes by the Confederate Treasury Department. The stamp makes it's very first appearance with the note here offered. Although very few T-57's are found with the stamp; those bearing the red date stamp of October, 1863 are even less frequently encountered. Very well trimmed for the issue. Crackling crisp and fresh with superb color. It is also noted that an old "Bradbeer" number (414) appears on the back. This is a very common occurrence and in no way devalues the note. Those who are very familiar with CSA Treasury notes are well aware that this is seen and seen often. Bradbeer was first published in 1915. It became the standard reference until Grover Criswell published his first work in 1957, using basically the same numbering system as did Bradbeer. Consequently; in the earlier days of collecting, when the notes were no where near as valuable as they are today; many collectors just wrote the Bradbeer number on the note itself. Again, very common and not a detracting feature. I have also seen old prices written on notes, such as an Indian Princess (T-35) at the lofty sum of $15.00. These old numbers and prices are part of the history of the note and actually add a little spice to the note. A beautiful T-57 and a note sure to make it's new owner proud.	CRISP UNC	$350	Reverse
1863	$50	T-57 CR-414/8	Serial number 46300. 1st Series. November, 1863 date stamp. Perfectly centered "CSA" with wavy borderline watermark which reads from left to right from the face of the note. Crisp as new. No pinholes or other problems. A large portion of a red "CSA" Treasury stamp (seal) is noted in the upper right corner of the face. 1863 issues bearing this stamp are not common. Lot 1281 of Gene Mintz sale, Memphis, 2003.	AU	$275	Reverse
1863	$20	T-58 CR-418	Serial number 15288. April, 1863 date stamp. Simply an incredible example of the issue. Inked as well as you will ever see a T-58. Advanced collectors know that one can look for years and not locate a T-58 with four frame lines...including the small line outside of the main frame line. The best trim I have seen in years. Clean, clear and fresh. Extremely scarce this well trimmed.	AU + C/C	$175	Reverse
1863	50 CENTS	T-63 CR-485	Serial # 103806. Pink paper and the fist denomination below $1.00 issued by the Confederacy. Also the fist CSA Treasury note to bear printed signatures. The printed signatures of Robert Tyler (actual Register of the CSA) and Edward Elmore (actual Treasurer of the CSA) make their first appearance. Due to the high volume of these "change notes" as they were called by CSA Treasury officials; it was deem impractical to have each and every note hand signed as was the case with all preceding CSA issues. Red machine number to right. A public outcry for small denomination notes led Confederate Treasury officials to finally "give in" and print these. Such smaller denomination notes were printed by several different states during the Civil War; including Alabama, Georgia, North Carolina, Mississippi (1864), Louisiana (1864) and Florida. The note here offered bears choice original embossing, is fully framed and well inked. A very nice example of this low denomination issue.	CU	$65	Reverse

Please visit the Terms page to order.