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$500 CSA 1864 Treasury Bond
 
$500 CSA 1864 Treasury Bond
 
Item: #1802964
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This Civil War-era bond was issued to raise money to fund the war. It was a 30-year bond that yielded an annual six-percent interest rate tax-free. Attached to the bottom of the bond are 60 bi-annual redemption coupons for a period starting January 1, 1865 and ending in July, 1894. ...

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This Civil War-era bond was issued to raise money to fund the war. It was a 30-year bond that yielded an annual six-percent interest rate tax-free. Attached to the bottom of the bond are 60 bi-annual redemption coupons for a period starting January 1, 1865 and ending in July, 1894. Each bond was hand-signed and hand-numbered by Robert Tyler, the Treasurer of the Confederate Treasury. He was also the son of the 10th President, John Tyler. England was a major purchaser of these bonds due to their heavy reliance on Southern cotton. These particular bonds are believed to have been purchased by England to support the Confederacy and were held in the hopes of redemption. That was not to be. In choice condition and suitable for framing. The bond measures 17" x 28". Quantities are limited.

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