Description: Original hand signed “One Dollar” currency issued by the “Bank of the State of South Carolina” in 1861. The note was issued out of Charleston and has the hand inscribed serial number “5221”. The note was redeemed by the State. The note is printed on one side only. As with most of this issue it was “cut cancelled” with two X’s cut through the note left and right at center. The Bank of the State of South Carolina was chartered in 1812 with the assets of the state and operated as an arm of the State Treasury. After the Civil War, the bank joined in the defeat and was formally closed during 1869. Notes issued before December 20, 1860, were deemed to be legitimate by the Reconstruction government and were exchanged for twenty-year state bonds, but those issued during the Confederate Era were considered worthless. However, as governmental control shifted back to South Carolina, an act was passed in December of 1879 that allowed for any of the bank’s post-secession notes to be redeemed for 50% of face value, also payable in bonds. The note will be shipped in a protective sleeve with a dated, hand signed Letter of Authenticity with a photograph of the currency above. All of the artifacts on our site are guaranteed to be original Civil War issue or as stated. Please see our "About” for more information on the framing and artifacts.
Price: 110 USD
Location: Fredericksburg, Virginia
End Time: 2025-01-03T13:34:21.000Z
Shipping Cost: N/A USD
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Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back