• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

Archived

This topic is now archived and is closed to further replies.

Confederate canceled Currency?

Started by Alba359,

5 posts in this topic

Alba359

Alba359

Posted
Posted

Hi, I'm new here and a coin collector considering starting a small collection of Confederate currency. Canceled notes are within my budget. Are canceled Confederate notes considered severely damaged in the way that a coin with a hole is considered severely damaged?  Any advice is appreciated. Sincere Thanks, Don

Fenntucky Mike

Fenntucky Mike

Posted
Posted
On 10/3/2021 at 9:57 PM, Alba359 said:

Hi, I'm new here and a coin collector considering starting a small collection of Confederate currency. Canceled notes are within my budget. Are canceled Confederate notes considered severely damaged in the way that a coin with a hole is considered severely damaged?  Any advice is appreciated. Sincere Thanks, Don

Hi Don,

Confederate Currency is a popular collecting theme and there are a lot of affordable notes to be had. To answer your question, no, a note with a cancellation punch is not considered damaged but it will most likely be noted as "cancelled" on the label, not that that's a negative thing either. Long story short, the note will still straight grade. 

Banknotes can have several stages from Proofs, Specimens, Remainders, Standard Issue, Cancellations and even Re-Denominations. Coins are my main focus as well but banknotes take up most of my time currently and are tons of fun. Good Luck. (thumbsu

Alba359

Alba359

Posted
  • Author
Posted

Hi  Fenntucky  Mike, Thanks very much for the response. I'm glad to know that! I've seen these notes starting at $15 each. What a great way to own a piece of over 160 yr. old history!  I haven't found much information concerning canceled CSA bills to determine value, but at $15 it sure seems to be a bargain! Definitely not something for investment as I assume the canceled notes do not go up in value.  Thanks again for sharing your knowledge with me. Respectfully, Don

ItsmeJo

ItsmeJo

Posted
Posted

16340631295432393062038558684740.thumb.jpg.1bae4b6b4e5b3612dc6bce51a3487e9f.jpg16340631835634768481739935443798.thumb.jpg.7dbf075a079f04b3b88c2f8150855dd1.jpg16340633078697907864429412889830.thumb.jpg.b0820270f7a9bbc311645244d84b2872.jpg16340630924975784012797834041917.thumb.jpg.d34a9f7fe6e4dc6856720598fe7704be.jpgThis is good to know, I have a photo album of my father's, with old bank notes, I've been adding to eBay, fraction currency, old China,Japanese,haian Canada etc currency.  So I'm collecting all the info I can. I must admit, the States bank notes currency is most interesting, weird to see money with a particular state on it, but the art work is beautiful.

Pounds

Pounds

Posted
Posted

Nice notes to have.

Citizen's Bank of Louisiana bills have always been my favorites among the broken banks, common in UNC, though tricky to get a well centered example.

Go to topic listing