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$500 Confederate States Bond – Criswell 111, Ball 148 Offered for your consideration is one of the most popular (with collectors) $500 bonds issued by the Confederate States of America. It was catalogued by the late Grover Criswell as Cr. 111 and by the late Dr. Douglas Ball as B. 148. What makes this piece so popular and in high demand is the central vignette, depicting as it does a highly stylized view of the recently fought Battle of Shiloh. This scene dominates the upper half of the principal instrument, with neatly dressed rows of soldiers marching toward the action, led to the right of center by an officer waving the first national flag of the Confederacy, the famous “Stars and Bars”. These brave soldiers surge toward what appears to be some type of barricade, with the heads of the opposing Union soldiers appearing above the wall. At least one Union gunboat appears in the distance, with a second possibly hidden by the smoke of battle at the right. Several of the soldiers seem to be wounded or dying, and a field artillery piece appears to be destroyed in the foreground. At the center, above an oval portrait of Christopher G. Memminger that is superimposed upon the action, is a banner with the word “SHILOH”. Immediately above this scene, printed in large letters, is “CONFEDERATE STATES OF AMERICA LOAN”, while below is “AUTHORIZED BY THE ACT OF CONGRESS. C. S. A. OF APRIL 12, 1862.”. This is followed by a lengthy financial obligation which states that “Ten Years after date THE CONFEDERATE STATES OF AMERICA will pay to the Bearer of this Bond at the seat of Government or at such place of deposit as may be appointed by the Secretary of the Treasury, the sum of Five Hundred Dollars with Interest thereon … at the rate of Eight per Cent per annum …”. It further indicates that “… This Contract is authorized by An Act of Congress approved 12 April 1862. Entitled An Act to provide further Means for the support of the Government and is upon the Express condition that said Confederate States may extend the time of payment for twenty years more at the same rate of interest …”. It was signed and sealed “… at RICHMOND, this 1st day of May 1862 …” by “C A Rose” in his capacity as an assistant “for “Register of the Treasury”. An intricate border encloses all of the foregoing elements, with the interest rate at the left and the maturation date at the right, neatly separating the principal instrument from the 15 remaining interest coupons. Each of these coupons features a small vignette depicting a camp scene, was valued at “TWENTY DOLLARS”, and bears the signature of “S J Adams”, a female employee of the Confederate treasury. In common with most government bonds of this era, the back is blank. This bond was printed by “B. DUNCAN. COLUMBIA. S.C.”, as evidenced by their imprint at the bottom center. Confederate financial records indicate that 5541 bonds of this type were originally issued, though how many still exist after over 150 years is unknown. An attractive and historic design, always popular with collectors and framers. This is a great opportunity to add one to your collection. Charles A. Rose served as one of two assistant registers, the other being E. Apperson. Little is known of him except that he was 53 years old when he was appointed in 1863 and was a Richmond notary public. He had worked for the treasury department earlier, with his initials (CAR) appearing on numerous bonds. Following his appointment, Rose remained as an assistant register until the close of the war. The presently offered specimen exhibits signs of period use and subsequent storage, the most obvious being the overall light toning across the entire surface. This toning is slightly darker at the edges, though this is not associated with any significant staining. Several folds are present, though these have not adversely impacted the integrity of the paper (many of these folds occurred when the bonds were placed in safes or the cubbyholes of desks). Wrinkling can be seen at the edges, with a few small tears and minor paper loss noted. The margins are reasonably wide, making this bond a prime candidate for framing (the matting would cover much of the wrinkling and toning). Minor ink erosion is present at manuscript additions, though no paper loss has occurred. Measuring approximately 13¾ x 14⅝ inches, this historic document would make a great addition to any Confederate bond or general Civil War collection. A charge of $6.95 will be added to the winning bid for postage and insurance. If you have any questions concerning this item, please ask before purchasing. Buy or Bid with Confidence – American Coins & Collectibles President Richie Self has worked 6 years as a paper money grader/authenticator. He has contributed to numerous reference books within the industry, as well as being a co-author of “The Comprehensive Catalog and History of Confederate Bonds, 2nd Edition” with Douglas B. Ball, Ph.D., Henry F. Simmons, M.D., Ph.D. and James R. Desabaye. Mr. Self is a life member of the American Numismatic Association, the Society of Paper Money Collectors, as well as numerous regional numismatic associations. He is an authorized submitter to NGC, PCGS, and PMG, a diamond founding member of Coin Dealers Helping Coin Dealers and a supporter of the Industry Council for Tangible Assets. American Coins and Collectibles can be found at many of the state and local coin shows. American Coins and CollectiblesShreveport, LA
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