

I have concluded to deposit them in a house here, to be disposed of at a fair price, and proceed myself to New-York, as we talked of before my departure from Richmond. I could sell at 15 cents, but am not willing to sell at that figure. * * *ĭEAR FRIEND: * * *I have not been able to find sale of the bonds, though there has been sales heretofore, but now no one seems ready to buy. first day of March, 1863, when one dollar of lawful money was equal to three dollars and fifty cents of Confederate States notes. The best investment of Confederate money is good sterling exchange, the next is gold or silver, and the next is cotton, for, sooner or later, I am confident Confederate money will not be worth the paper ? is made on, although I may be mistaken. If you have any Confederate money on hand when you receive this, get clear of it on the best terms you possibly can, and in future do not take any more Confederate money, only at what you can sell it for gold, and turn it into gold as soon as you receive it. So you can see what the people here think of Dixie money, and in fact no one here will take it at any price for goods or for freight money and if I had a million of gold dollars I would not invest one dollar here and take the chances of getting through and take Confederate money. Yesterday I bought here (Nissans $500 in Confederate money at four cents on the dollar, and some was sold here for even a greater discount. Some of the blockade men think the next steamer from D? will bring bad news, and there will be a much greater discount on Confederate money - say $700 or $800 for $100 in gold, and my opinion is it will soon be worthless. 1863 4th Issue 25 Cent Fractional Currency 4.


1863 3rd Issue 25 Cent Fractional Currency 3. 1862 1st Issue 25 Cent Fractional Currency 2. See Also: If your note doesnt match try: 1. Will try to identify the note from your image. A rebel mail-bag was found on board the Calupso, from which the following curious letters were taken:ĭEAR BROTHER: * * * If I am not mistaken some of the blockade runners will lose a pile of money, as Confederate money is becoming at such a discount they cannot get price enough on the goods to pay the difference of exchange, as all goods have to be paid in gold or sterling exchange, and all freights prepaid, and then take all chances of getting them through, besides paying duties on them at Charleston. Sell 1863 25 Cent Note Item Info Series: 1863: Type: Fractional Currency: Seal Varieties: Signature Varieties: 1.
