Confederate Civil War Bond Coupon, 1866

Civil War Confederate Bond

Ephemera and pamphlets

Confederate Civil War bond coupon dated 1866. The Confederacy used various fiscal and monetary means to finance its war effort against the Union in the American Civil War. Bonds are loans issued by nations, states, city governments, or businesses. Bonds are normally payable within a standard period of time and earn interest at a fixed rate. Payments are completed by returning bond coupons in exchange for compensation. Because the Confederate government collapsed after losing the Civil War, all investors holding bonds lost their money. Coupon reads "C.S. Loan of Augt 19. 1861. The Confederate States of America will pay to bearer four dollars for six months Interest Due July 1. 1866. On Bond No. 402 for $100. For the Register of the Treasury M.G. Minton [printed signatures]" Very good condition. An interesting piece of bygone tender for the United States Confederacy.

Item #16784

Price: $85.00