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1861 CSA $5.00 (T-37) Sailor on Cotton VF

1861 CSA $5.00 (T-37) Sailor on Cotton VF

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This Confederate $5 note is from the first year of issue featuring a great central vignette of a sailor sitting against a bale of cotton.

Currency Highlights:
  • This is 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.
  • This note is in Very Fine condition, with typical wear for the grade.
  • Face: Great central vignette of a sailor sitting against a bale of cotton. A likeness of Christopher Memminger, Confederate Secretary of the Treasury is at lower left with Ceres and Justice at right.
  • Back: Blank reverse.

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Catalogued as T-37 and is hand-signed and serial numbered.

This note has seen moderate circulation, but is not damaged as many CSA paper money issues are due to the quality of paper being used. This note is a good example of CSA paper money used during the Civil War!

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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