Is confederate currency rare or valuable?

Saw this auction and was surprised to see confederate currency that survived the civil war.
I always assumed our govt destroyed it all when they won.
Are pieces like this rare? or are they more common than I think?

https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338461489&mpre=https://www.ebay.com/itm/TEN-DOLLAR-1864-CONFEDERATE-CURRENCY-NOTE/323870811133?hash=item4b683463fd:g:niwAAOSwZbNdPhKj

Comments

  • TennisCoachTennisCoach Posts: 280 ✭✭✭

    Pieces like that are not rare and are considered common by today's standards. Back in the 1980's there were some dealers at coin & currency shows that had a trunk load of the stuff. There are rare types/varieties that are valuable, however my interests are in a different field so I never really researched it.

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  • sellitstoresellitstore Posts: 1,221 ✭✭✭✭
    edited August 4, 2019 11:01AM

    These are common. They were issued in large quantities and many were in the public's hands when they became worthless. Additionally, huge quantities were captured by the Union Army and the government gave away many of these with large quantities still remaining in the Smithsonian/NNC. Millions were issued and hundreds of thousands, or maybe a few million of all type combined still survive.

    They are fairly valuable considering how many survive. Common notes, like the 1864 issue in the Ebay listing, are worth $20-$30 each despite the fact that there are plenty of these types around for collectors. The rarest and most valuable Confederate notes sell for $25-$50,000, and occasionally a bit more.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip. Ebay listings
  • JBKJBK Posts: 5,917 ✭✭✭✭✭

    What they said...

    They are a neat, historic, and inexpensive memento of the Civil War.

  • 2ndCharter2ndCharter Posts: 1,139 ✭✭✭

    _I always assumed our govt destroyed it all when they won. _

    Actually, when the U. S. government confiscated millions of notes at the end of the war, they ended up in warehouses then, a couple of decades later, some of it was handed out to Grand Army of the Republic posts (the Civil War Veterans organization) around the country as souvenirs. Just like with coins, some varieties are valuable and can be worth five figures while most of the notes, particularly the 1864 issues, are dirt common. Then, throw in the millions of reproductions that were made in the early 1960s to mark the centennial of the Civil War, and they're all over the place.

  • AlexinPAAlexinPA Posts: 862 ✭✭✭✭

    No. And there is so many counterfeits out there it's just astounding. I remember they used to give away reproduction notes in cereal. Wheaties or Cheerios I think.

  • Cougar1978Cougar1978 Posts: 4,092 ✭✭✭✭✭

    Yes - The latest book by Don C Kelly lists values for CSA and Obsoletes. These are a booming market, I sell many from my table at shows.

    Creekside Tangible Assets: cta-coins on ebay
  • AlexinPAAlexinPA Posts: 862 ✭✭✭✭
    edited August 29, 2019 4:18AM

    I looked on EBay at the prices and I was astounded. Especially the 1864 series; there must be a ton of those. As I said earlier they used to give away 'replicas' in cereal when I was a kid and there was no law against counterfeiting CSA notes. During the War between the States both sides counterfeited Confederate currency.

  • sellitstoresellitstore Posts: 1,221 ✭✭✭✭

    The contemporary counterfeits (made during the Civil War) are collectible with scarcer ones selling in the hundreds of dollars.

    Copies, often one-sided, were produced for advertising with ads on the blank side mostly from around the 1880s-1920s but continue to be produced today. Value of these depends on type of business and location. Small, Western locations and unusual businesses tend to have more value. These can be worth $5-$500 or so. Most are $10-$20.

    Novelty copies or Fantasy (designs never produced) have been produced continuously since around the 1950s. These would include the sets distributed in Cheerios boxes during the 1960s. The Cheerios notes have a little value but most modern (1950s-date) copies have little or no value.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip. Ebay listings
  • TookybanditTookybandit Posts: 3,321 ✭✭✭✭

    I see so many of the modern replicas at shows. Usually from the public walking the floor hoping they have value!

    Russell do you have an image of the Cheerios variety. I’d be interested to know what those look like ...I probably have a few.

  • sellitstoresellitstore Posts: 1,221 ✭✭✭✭
    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip. Ebay listings
  • TookybanditTookybandit Posts: 3,321 ✭✭✭✭

    Fun!



  • 291fifth291fifth Posts: 17,758 ✭✭✭✭✭

    Years ago there was a dealer in Confederate currency who would sometimes light his cigar with a common Confederate note.

    All glory is fleeting.
  • Cougar1978Cougar1978 Posts: 4,092 ✭✭✭✭✭

    The green sheet will be covering CSA currency soon.

    Creekside Tangible Assets: cta-coins on ebay
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