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Confederate States of America Loan 1000$ 1862
Confederate States of America Loan
Bond of 1000 dollars, Richmond, 16 September 1862, no. 1620
Classic bond of the « Confederate States of America » (Civil War), authorized by the Act of the Confederate Congress of 19 August 1861, bearing 8% annual interest payable semi-annually upon presentation of the coupons, redeemable to the bearer on 1 July 1874. Beautiful allegorical vignette: classical female figures (Justice, Liberty) framing a central oval portrait of Lucy Holcombe Pickens, flanked by flags and cotton bales, economic symbols of the Confederacy. Printed by B. Duncan, Columbia, S.C., signed by the Register of the Treasury ("Acting Register"), with the usual "Entered" and "Recorded" mentions.
This type of bond corresponds to the great "$100 Million Loan" series issued under the Act of 19 August 1861, the Confederacy's very first major war loan, intended to finance the Southern war effort from the first months of the conflict. Catalogued in the reference Criswell nomenclature (close to Criswell type 85/Ball 62 for the $1000 bonds of this series and this printer).