Collectible paper money question

Hi, I know there are a few of you who collect coins. I have a paper money question. A friend of mine just got back with a truck load of antiques from his family’s estate. He found an authentic mint condition hundred dollar confederate bill from 1842. I know it most likely has historical value or collectible value as an antique sort of thing but had no clue on what to tell him as far as a sales value. Can someone give me a range?

asked almost 14 years ago

7 Answers

I think Bighorse and also Richard know about paper money. Try asking one of them…. cool old money is neat.

answered almost 14 years ago

jamiro
Reputation: 1261
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Hi Ellie

I would contact John from Bighorse Coins
Very helpful and knowledgeable

Also, Georgep656 deals in confederate currency.

answered almost 14 years ago

Please visit our coin expert for help in this topic @> [URL removed]

answered almost 14 years ago

MONTROSE
Reputation: 8354
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Perhaps re-check the date. There was no Confederacy in 1842.
If it is from 1842, then it is not Confederate. What bank/state issued the note?

answered almost 14 years ago

CindyBear
Reputation: 3068
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Paper money from [phone number removed] is worth a lot of money so take it slow ! Once the war was over , a lot of people threw it out because they could not spend it any where. No one recognized it as money since the confederates lost.
If they are authentic, you can pay a lot of bills today with each sale.
The older the money, the more rare and the more money it is worth.
Good luck !

answered almost 14 years ago

Maybe he said 1862..oh my memory is terrible. I’d love to see it myself. Maybe tomorrow when he brings my truck back.

answered almost 14 years ago

Hi there,,,
I browsed a monthly sales catalogue from Coast to Coast coins & currency—if it was from the 1840’s it’s considered obsolete currency and from certain southern states could be worth a small fortune! Otherwise, if it’s from 1862—it would be worth much less [generally], that’s why it’s important to know exactly what you have [always know more about the item than the person you’re selling it to—an old coin-dealer adage].
Just hope it’s an obsolete note from Georgia—that’s the rarest currency and worth a pretty penny!
Good luck! And, on the good side—I’ve noticed a big jump up on US currency of all types lately—confederate, fractional, large bills are all out of range for me now! Speaking of which, I still have some of my fractional notes listed for under 50 bucks—I better do my homework!
So, thanks for the reminder!

answered almost 14 years ago

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