Friday, January 16, 2015

IBSS - Mail bid auction January 2015

The International Bond and Share Society, sets its next (members only) auction date to 30 January 2015. This auctions counts 199 lots, representing more than 30 countries and an equal number of themes.

Confederate States Bond of 1863 depicting General Stonewall Jackson
Confederate States of America
$1000 Bond for $1000
Loan Act of 20 February 1863
vignette of Lieutenant General Thomas J. "Stonewall" Jackson
Printed by Archer and Daly
(see also note below)

  • Date : January 30, 2015
  • Place : not applicable, this is a mail bid auction only
  • Practical info, see here  
  • Auction catalogue can be downloaded here, and images of the lots are listed there 


I've looked up the CSA bond shown above in Criswell's Currency Series Vol II Confederate and Southern State Bonds, 1961 edition. The book catalogued the certificate as Cr. 122 with a rarity number of 4 on a scale between 1 and 11 with the  latter used only for semi-unique pieces.

The accompanying Price List and Supplement, dated 1964, estimated the certificate at 20 USD. 1964, that is 50 years ago. Today, according to some online inflation calculator tools like this one and that one, it would represent something like a 150 USD. The certificate, lot 168 in this IBSS auction, has a modest start price of 45 GBP.

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