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Finally completed my collection of Southern Bank Note Company types

BillJonesBillJones Posts: 33,363 ✭✭✭✭✭
edited January 28, 2024 8:53AM in U.S. & World Currency Forum

The Southern Bank Note Company was located in New Orleans during the early part of the Civil War It was the Southern branch of the American Bank Note which was located in New York City. The American Bank Note Company was forbidden to supply paper money to the Confederacy after the hostilities began.

The South Bank Note Company made high quality products. Their notes were quite attractive and harder for counterfeiters to duplicate although Sam Upum in Philadelphia did his best. I finally completed this group of 1861 Confederate notes.

T-5 These were the first notes that were issued after the Confederate Government moved to Richmond, Virginia.

T-6

T-15 This is considered to be one of the most beautiful Confederate notes. It is also expensive. I took the less expensive option and bought one that was cut canceled. This was the last note I needed to complete the Southern Bank Note set.

T-19

Here is an example of the Sam Upham counterfeit of T-19. The Union Government treated this with a wink and a nod. Upham did sign his counterfeit note at the bottom, but it was easy to clip that off and try to pass it as a genuine piece.

T-22

T-31

The Southern Bank Note Company had to cease operations when New Orleans fell to Union forces in April 1862.

Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

Comments

  • sellitstoresellitstore Posts: 2,354 ✭✭✭✭✭

    Bill,

    After being a fan of your posts and material on the coin side for years now, I had no idea that this was one of your diverse collecting interests.

    What a great little type collection this is in so many respects! The Southern Banknote Co. issues (as well as the ABN T1-T4 notes) are the most attractive Confederate notes because they are the highest quality-intaglio produced from engraved steel plates. And your well matched set of high grade circulated examples is a pleasure to view all together.

    And I didn't know that Southern Banknote ceased operation in April, 1862 due to the fall of N.O. I'm presuming that they didn't have the engravers there but rather used dies on hand. High quality supplies must have become tougher to obtain, so maintaining the high quality of the earlier issues, especially with increasing demand for currency, became impossible. I think that the bulk of the currency printing had already shifted to other firms by April 1862. But the loss of SBN represented the loss of ability to produce high quality engraved notes at all.

    Did you include a counterfeit for the other types for which they are available, like the Indian family or five females? It hard to find these as nice as the one that you illustrate, complete with the Upham imprint.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • goldengolden Posts: 8,955 ✭✭✭✭✭

    Very nice Confederate notes.

  • JamericonJamericon Posts: 437 ✭✭✭

    Golden said it. Great CSA notes.

    Jamie Yakes - U.S. paper money collector, researcher, and author. | Join the SPMCUS Small-Size Notes, National Bank Notes, and NJ Depression Scrip
  • Steve_in_TampaSteve_in_Tampa Posts: 1,789 ✭✭✭✭✭

    Congratulations on completing your set.
    That’s a terrific group of CSA notes, well done.

  • ashelandasheland Posts: 22,558 ✭✭✭✭✭

    Bill you have a world class collection!

    I always enjoy your posts! 👍
    Only about a year ago did I buy my first confederate note, obviously the ones I have are easy ones to find but they were nice looking examples and I have enjoyed buying them. I have three total.

  • BillJonesBillJones Posts: 33,363 ✭✭✭✭✭

    The 1863 notes are interesting. The $5 through $50 notes are stamped with a month and ‘63. The idea was you either spent them or turned them in for a Confederate bond. Otherwise they became worthless. The idea was to the money out of circulation to lower the money supply and combat inflation.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • TookybanditTookybandit Posts: 3,409 ✭✭✭✭

    Fabulous!!! Congratulations on completing your set.

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