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Confederate Bonds?

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    Posted 13 years ago

    flyrr100
    (63 items)

    I was given this little pack of Confederate Bonds by a friend who knew I loved history. Unfortunately I dont know much about them. They are all hand signed and numbered.

    Mystery Solved
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    Comments

    1. scottvez scottvez, 13 years ago
      These are not the actual bonds-- they are the interest redemption coupons. These were at the bottom of a large bond sheet and were cut off.

      If you do an ebay search "confederate bond" you will find examples and see similar coupons on the bonds.

      Scott
    2. flyrr100, 13 years ago
      Thanks Scott. Probably not valuable, but fun to own.

      Jeff
    3. scottvez scottvez, 13 years ago
      Correct very little value.

      Your coupons were redeemed for the interest payment-- they have a punch hole in them and are war dated.

      They were on a $1000 bond that paid 8% annual with 6 month $40 payments. Additionally, the bond itself was to be paid back at a set time (2 years I think) after the ratification of peace.

      Scott

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