1861 $10 (T-26) Hope with Anchor VF Cancelled

1861 $10 (T-26) Hope with Anchor VF Cancelled

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This 1st year issue is a Very Fine plus example of an elusive CSA note. Sharp bold colors make this issue a great note for a currency type set.

Currency Highlights:
  • From the first series of notes to be issued by the Confederate States in 1861 during the Civil War.
  • Housed in an archival quality currency sleeve.
  • A nice note in Very Fine condition.
  • Catalogued as T-26.
  • Face: Features an allegorical figure of Hope with an anchor at center flanked by portraits of CSA cabinet officials R.M.T. Hunter and Christopher Memminger.
  • Back: Blank reverse.
  • Note is cancelled.

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This note has 2 red "X"'s representing the Roman numeral Ten. The shading in the X's is the coarse variety and is watermarked with a script "CSA". This note has seen some circulation, but is not damaged as many CSA paper money issues are due to the quality of paper being used.

These Confederate issues were once scorned by collectors, but are now in demand and rising in value. They have become a favorite with collectors due to the different issues and variety of designs.

The necessity of financing military operations during the Civil War forced the Confederate government to print paper money, just as the U.S. government did for the first time.

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