This original $500 Confederate treasury coupon bond, dated March 2, 1863, is professionally framed and in very good condition. The Confederacy sold these large bonds with coupons to raise capital for the war effort. The bonds offered high interest rates which made them desirable by manufacturers of military goods which the south lacked. The Confederate Treasury in both Richmond, VA. and Montgomery, Alabama issued bonds from May 1861 until the end of the war. This particular bond is hand numbered, printed by "Evans & Cogswell Lith Columbia, S.C.", and signed by the assistant register of the treasury, Charles A. Rose. Pictured in the middle at the top is C. G. Memminger who was the first Confederate States Secretary of the Treasury from February 21, 1861 until July 1st, 1864. There were originally eight coupons at the bottom, each paying 20 dollars, ranging in maturity dates from July 1, 1865 to July 1, 1868. One coupon is missing and was likely redeemed by its then owner upon its maturity date prior to the war's end. The paper itself has a vertical crease in the middle extending from top to bottom. The frame measures approximately 18-3/8 x 20-5/16 inches and has several scuff marks primarily on the upper and left front sides. This $500 Confederate treasury coupon bond will be a very handsome display piece in any office, family room, or den wall and an excellent addition to any Civil War bond or general relic collection.
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