December 06, 2012 07:00 PM EST Cincinnati


31

Confederate Currency Broadside, Charleston, Virginia, 1862

13 x 9.75 in.  Bold heading GENERAL ORDER, dated Head Quarters, Department of Western Virginia, Charleston, Va., Sept. 24, 1862, an unnumbered given by Major General William W. Loring in order to quell rumors of Confederate insolvency and reiterate that Confederate notes are secure and convertible to 8% bonds. 

The broadside is dated just 11 days after the Battle of Charleston, in which Loring and the Confederate forces had successfully reoccupied the city after it being in Union hands since very early in the war.   Many in the area were ardent Unionists, hence the Wheeling Convention and eventual statehood of West Virginia, so it is not surprising that shopkeepers would have been skeptical of accepting Confederate money, or willing to suspended business entirely so as not to supply the enemy.  The situation as it was, Loring and his troops did not even attempt to defend their occupation five weeks later when they received news that Union troops were on their way. Parrish & Willingham #1517.

Condition:Water stains at upper left, center, and right.  Missing a small section along the fold at top center.

Estimate: $1,500 - $2,500
Price Realized Including Buyer's Premium
$2,115
12/07/2012

 

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