The Story
This listing is for one 1862 Confederate States of America $5.00 paper banknote, as pictured. CS-53 / T53. Very Fine (VF) grade/condition, some folds and signs of circulation.Â
Confederate Treasury Notes (banknotes) were issued in 50¢, $1, $2, $5, $10, $20, $50, $100, $500 and $1,000 denominations with a variety of designs, issuers and redeemable obligations. The amount of currency issued under the various acts of the Confederate Congress totaled $1.7 billion. Bills were released in 72 different note "types" in seven "series" from 1861 through 1864.
Since there were many types of Confederate notes as well as notes issued by the states of the Confederacy, and since banks could issue their own notes, counterfeiting was a major problem for the Confederacy. Many of these contemporary counterfeits are identifiable today and they can be as valuable to a collector as a real note.
1862 Confederate States of America Five Dollar Bill T-53 / CS-53 - Civil War Issue Banknote - Confederate 5 Dollar Bill 1862 - Richmond VA
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Description
This listing is for one 1862 Confederate States of America $5.00 paper banknote, as pictured. CS-53 / T53. Very Fine (VF) grade/condition, some folds and signs of circulation.Â
Confederate Treasury Notes (banknotes) were issued in 50¢, $1, $2, $5, $10, $20, $50, $100, $500 and $1,000 denominations with a variety of designs, issuers and redeemable obligations. The amount of currency issued under the various acts of the Confederate Congress totaled $1.7 billion. Bills were released in 72 different note "types" in seven "series" from 1861 through 1864.
Since there were many types of Confederate notes as well as notes issued by the states of the Confederacy, and since banks could issue their own notes, counterfeiting was a major problem for the Confederacy. Many of these contemporary counterfeits are identifiable today and they can be as valuable to a collector as a real note.
1862 Confederate States of America Five Dollar Bill T-53 / CS-53 - Civil War Issue Banknote - Confederate 5 Dollar Bill 1862 - Richmond VA
