favorite "money"

I was aware the Confederate notes were never honored because they lost the war. (if they would have won, then history could have been very different)

If the Confederates would have won, they would have decided what was legal currency and what was not.

The notes do make great coasters.
billryan... very interesting about the Cotton Growers... "the Southern Cotton Growers issued their own money, to be redeemed on gold back by cotton stocks, payable one year after the US Naval blockade was lifted. I'm not sure why those bills were never honored."

was this "confederate currency" or something more like "corporate bonds" or simply IOUs??
Quote

Originally posted by: chefantwon
I was aware the Confederate notes were never honored because they lost the war. (if they would have won, then history could have been very different)

If the Confederates would have won, they would have decided what was legal currency and what was not.

The notes do make great coasters.


I have a bunch of Nazi money. Equally worthless.
Quote

Originally posted by: snidely333
Quote

Originally posted by: chefantwon
I was aware the Confederate notes were never honored because they lost the war. (if they would have won, then history could have been very different)

If the Confederates would have won, they would have decided what was legal currency and what was not.

The notes do make great coasters.


I have a bunch of Nazi money. Equally worthless.




At the moment.

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Originally posted by: MoneyLA
Wow boborme, I had no idea collectors would pay that much!! I know nothing about rare casino chips. What's the story behind this one? thanks.

Unique, or almost unique, Las Vegas casino chips have a high value within the collecting community. Only one of the Showboat chips was thought to exist when the one in that auction first surfaced, and the known example was badly worn. The lady who sold the chip to the current owner/eBay seller found the chip in a jewelry box in her recently departed mother's estate. She listed it on eBay with a no reserve opening bid of $9.99. She was very happy when the bidding ended at $28,900!

I know of a $5 Sands chip that was found at a yard sale at face value in Las Vegas that sold for $8,000. I know of a $25 Frontier chip that was part of an eBay auction lot of around 80 different chips that was partially hidden in the blurry auction photo. A friend took a chance and bought the lot for $186, and he sold that one chip for $16,000.

There are a few hidden gems out there. There are also a few collectors with very deep pockets willing to pay premium dollars for them.

There is a price guide for Nevada casino chips that is updated annually or semi-annually by a trio of true experts in the hobby. I'll forward their website to you (or anyone else) if you are interested in pursuing the hobby, or finding out if something you took home 20-30 years ago and tossed into a sock drawer has real value.
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Originally posted by: MoneyLA
billryan... very interesting about the Cotton Growers... "the Southern Cotton Growers issued their own money, to be redeemed on gold back by cotton stocks, payable one year after the US Naval blockade was lifted. I'm not sure why those bills were never honored."

was this "confederate currency" or something more like "corporate bonds" or simply IOUs??


I don't know all that much about Confederate Currency. There is a company that sells facimile notes and included in their sets are some of these type of notes. One from The Cotton Growers Association and one from The city Of Richmond's Merchant Association.
Real rebel money has the feel of cheap toilet paper and is only printed on one side. I think they made some coins, as one of the US Mints was in New Orleans, but I'm not clear on the details.

a three dollar bill that I have from a bank in Atlanta... the Planters and Farmers Bank of Atlanta... is printed on only one side.

the ONLY confederate coin was a half dollar.
I'd like to see that website!

thanks
Quote

Originally posted by: MoneyLA
a three dollar bill that I have from a bank in Atlanta... the Planters and Farmers Bank of Atlanta... is printed on only one side.

the ONLY confederate coin was a half dollar.


There are copies of Confederate $20 coins and Confederate pennies on eBay, but I don't think any coins ever made it into circulation.
copies? how about fantasy coins!! Only 18 coins were ever "minted" by the CSA. four half dollars and 14 cents which were considered to be "pattern" coins.

there were some coins in 1861 that were struck at the US mints in the south that were confiscated by the CSA but they all have the designs of the US coinage.

the one half dollar that made it into circulation, so to speak, was the one Jeff Davis had in his pocket when he was captured.
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