1870's Confederate War Bonds

The larger bond has the signature of Robert Tyler, the son of the 10Th President of the U.S.A. John Tyler, which is why I bought these. I bought three sets. I thought they were very interesting.

Robert Tyler (1816-1877), the Registry of the Treasury, was a son of U.S. President John Tyler. Robert Tyler was head of the Democratic party in Pennsylvania and a personal friend of President James Buchanan before he had to flee to the Confederacy. Through his father's influence, he procured the post of Register of the Treasury, which he held from August 13, 1861 to the end of the war. After the war Tyler moved with his family to Alabama, where he became a newspaper editor. He also became the head of the Democratic Party in Alabama.


John Tyler and the Civil War

On the eve of the Civil War, Tyler reentered public life to sponsor and chair the Virginia Peace Convention, held in Washington, D.C. in February 1861 as an effort to devise means to prevent a war. Tyler had long been an advocate of states' rights, believing that the question of a state's "free" or "slave" status ought to be decided at the state level, with no input from federal government. The convention sought a compromise to avoid civil war while the Confederate Constitution was being drawn up at the Montgomery Convention. When war broke out, Tyler unhesitatingly sided with the Confederacy, and became a delegate to the Provisional Confederate Congress in 1861. He was then elected to the House of Representatives of the Confederate Congress, but died in Richmond, Virginia before he could assume office.

Tyler's death was the only one in presidential history not to be officially mourned in Washington, because of his allegiance to the Confederacy. Tyler is also sometimes considered the only president to die outside the United States because his place of death, Richmond, Virginia, was part of the Confederate States at the time.

Very nice -- and interesting.
Thanks for sharing.
Kirk

How would you like to have been holding the coupons on 1876 interest payments for a $1,000 CSA bond? (I mean in, say, 1866...right now, I'd like very much to be holding a couple of them.)
I assume that the U.S. government didn't stand behind them.

For anyone not that familiar with U.S. history, the underlying bonds were issued by the southern states during the American Civil War, and these coupons pictured above entitled the bearer to interest payments that would have been due from the CSA government, if the war hadn't been over for years (since 1865).

Very neat, sharksfan.

Are these known to have been counterfeited heavily, like other CSA items ie. checks and stamps? Thanks for the scan and history lesson.

Shark:

What are these things worth?

David