Railroad Notes

[ole miss rebel]

Finally completed the set. Have been upgrading the notes to the finer examples. Took them to a coin shop for authentication. The store owner said they were all genuine! These are from my birth town, Holly Springs, MS. Five generations of my family grew up there. The antebellum homes there are a must see, during their spring time "Pilgrimage".

 

[Pollaco]

Is that a complete set?They only went from a 1 cent to $3.00?

 

[Bur Oak]

Is that a complete set?They only went from a 1 cent to $3.00?

This is definitely outside my area of collecting, and I don't have a book on any "obsolete" notes. I was able to look in an old Shull catalog, however. Hugh Shull was at one time one of the biggest, if not THE biggest dealer in Confederate and obsolete currency. His semi-annual catalogs listed thousands and thousands of different notes. Practically every dealer I met at shows kept at least the latest copy of his catalog handy. I'd venture to guess, most serious note collectors at the time probably did, too.

In the issue I have handy, he only listed six denominations in stock at the time. He did not have the 5¢ or 75¢ listed. He did, however, list some different varieties within some of the denominations. With the 25¢ and 50¢ notes, there are evidently different printers, or "no engraver" or "no imprint" varieties. With the $1 and $3 notes, he listed two different overprints of each.

With these being private issues, they were likely not intended for widespread use in commerce, and the company probably did not want to back a significant amount of currency in circulation. I don't really know the history of these, but my guess is that they were likely intended as "change" and for use specifically with their railroad. Similar issues by other companies are often limited to low denominations only.

 

[Bur Oak]

Finally completed the set. Have been upgrading the notes to the finer examples. Took them to a coin shop for authentication. The store owner said they were all genuine! These are from my birth town, Holly Springs, MS. Five generations of my family grew up there. The antebellum homes there are a must see, during their spring time "Pilgrimage".

Neat set, and very nice examples. Congratulations.

 

[DaveBrt]

Most (all?) Confederate states authorized railroads (and other businesses in some states) to issue change notes in order to conduct business. In Texas, even counties issued notes.

I have images of dozens of samples at https://www.csa-railroads.com/Images.htm

 

[JOHN42768]

Most (all?) Confederate states authorized railroads (and other businesses in some states) to issue change notes in order to conduct business. In Texas, even counties issued notes.

I have images of dozens of samples at https://www.csa-railroads.com/Images.htm

Some great photos, thanks