Lot
2565 
Southern Bonds, violet humorous caricature design with verse below, on cover to Peterboro, N.H., manuscript Congressional free frank at top and "Washington, D.C., Jul 26, 1861" cds; reduction at right restored, Very Fine appearance, a very rare design.Estimate $300 - 400.
At war's end, Southerners were left holding now worthless Confederate bonds. To help raise money, the Confederate States of America issued bonds. Early in the Civil War, these bonds seemed a worthwhile, even patriotic, investment to the Southerners who bought them.