1864 50 Cents Keatinge & Ball, Columbia South Carolina Obsolete

Description: 1864 50 Cents Keatinge & Ball, Columbia South Carolina Obsolete Note - Civil War Era, Confederate Issue! Scarce Note! Scarce Note from Confederate Printers, Keatinge & Ball, South Carolina! Pleasant Very Fine. No Pinholes. During the American Civil War, the Confederate States of America issued their own circulating paper money for use in daily commerce. Notes were produced in various types from 1861 to 1864. Due to the challenges of unstable supply lines, lack of reliability, military encroachment and other factors, the Confederate government employed numerous different firms for the production of Confederate treasury notes. Certainly the most prodigious producer of these notes was the firm of Leggett, Keatinge & Ball. In August of 1861 Edward Keatinge, an Englishman who worked as an engraver for the American Bank Note Company, relocated to Richmond, Virginia upon receiving an offer from the Confederate government to establish a printing firm. Keatinge partnered with Thomas Ball, a lawyer, who was invited by Confederate Treasury Secretary C.G. Memminger to join in the founding of the firm. Keatinge and Ball were joined in September 1861 by William Leggett (also formerly an employee of the American Bank Note Company) who specialized in lettering. Due to the quality of their work Keatinge & Ball gained the bulk of the Confederate’s currency business by 1862 and from 1863 on produced all Confederate treasury notes except for the 50 cent denomination. The company induced skilled engravers from England to travel to the British West Indies and then be transported to Confederate ports aboard blockade runners, no doubt a harrowing journey. However the engravers were well paid, and in gold rather than paper currency. With supplies in the Confederate States scarce the company utilized contacts in the North and abroad to import much needed reams of paper for printing notes. Among these paper types were the famous "NY" countermarked paper as seen on Types 21 and 24. Other papers were imported by the Confederacy and used by Keatinge & Ball including "TEN" and "FIVE" watermarked paper, Hodgkinson & Co. Wookey Hole Mill, J Whatman 1862, J Green & Son 1862, and "CSA" block letter surrounded by wavy line watermarks. These paper types make up the numerous varieties available to be collected today. With the Union army approaching Richmond, Keatinge & Ball relocated their operation to Columbia, South Carolina in May 1862. Soon after Keatinge was the sole engraver of Confederate notes in denominations of $1 to $500. Ball ran the administrative side of the business and provided some of the firm’s financial backing. The company continued producing notes up through the Series of 1864 notes. In February of 1865 Keatinge quit the business after continued disagreements with the Confederate government and Keatinge & Ball was dissolved. 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Price: 169.95 USD

Location: Harvest, Alabama

End Time: 2024-11-13T23:45:49.000Z

Shipping Cost: 3.95 USD