Rarely Seen 00 Interim Deposit Receipt – Augusta, Georgia

Description

Rarely Seen 00 Interim Deposit Receipt – Augusta, Georgia
Certificates of this type were issued by various depository offices throughout the Confederacy when bonds, which had been sold or committed, were not readily available for issuance (this could be due to printing or transportation problems). This particular specimen is headlined “
Confederate States Depository
”, and was issued from “
Augusta, Ga.,
” on “
5 March
1864
”. The body of the document states
"This will Certify, That
T. Sweeny ~~~~~~
has paid in at this Office
Three Thousand Dollars
Dollars,
for which amount Registered Bonds of the Confederate States of America, bearing interest from this date, at the rate of four per cent. per annum, will be issued to him, under the Act approved February 17th, 1864, upon the surrender of this Certificate at this Office, with his indorsement thereon."
. It is signed at the conclusion by
"
M Hatch Ch
(?)” in his capacity as
“
C. S. D.
” (Confederate States Depositary)
. The left end of this document bears a rectangular box formed with by a decorative border, with “F
our per Ct. per Annum
” printed within. No vignettes are present as these forms were strictly functional and would be redeemed upon issuance of the bond. The back of the piece, as originally made, was blank, though it now bears a manuscript statement which reads “
The within certificate I assigned to A Deas Collector 65 Dist Ga
(?)
in payment of my Taxes
”, followed by the signature of “
Tho Sweeny
”. There is also an additional notation which indicates that the transaction was “
Executed before me / Nov 22 1864 / A. Deas / Collector 65 Dist Ga
(?)”.
According to the latest research work on the subject, it is estimated that approximately 760 of these certificates were originally issued, though the authors believe that only between 21 and 50 pieces still exist. The authors list this number of extant certificates as rare, with pieces of this type being infrequently encountered on the collector’s market. While not technically a Confederate bond, these pieces make a great addition to any bond collection.
The presently offered document exhibits signs of significant period use, as well as the effects of less than ideal long-term storage. Toning is present across the entire surface, imparting a beige to light tan appearance to the paper, somewhat darker on the left edge and on the back. Some fading, possibly associated with the wear and toning of the paper, is noted on some of the printed text (it is also possible that a lack of ink during printing caused some of the loss of the design). Significant staining and foxing is scattered across the surface, somewhat more pronounced on the mostly blank back. Two vertical folds can be seen bisecting the paper, each affecting the integrity of the paper (easily strengthened with archival tape). The margins are somewhat irregular, with the upper right being cut into the frameline. A small number of pinholes are scattered throughout the piece, though none of these is particularly large and they are visible only when the piece is held to the light. Ink corrosion is noted at all of the manuscript additions, with no associated paper loss at this time. This historic piece measures approximately 3¾ x 8⅝ inches and would frame nicely with a period bond or period illustration of Augusta. A difficult to locate fiscal reminder of this turbulent era. This is your opportunity to add one to your collection.
A .95 charge will be added to the winning bid for postage and insurance.
A .00 charge will be added to any item picked up in person at our physical location.
If you have any questions regarding this item, please ask before purchasing.
Buy or Bid with Confidence – American Coins & Collectibles President Richie Self has worked 6 years as a paper money grader/authenticator. He has contributed to numerous reference books within the industry, as well as being a co-author of “The Comprehensive Catalog and History of Confederate Bonds, 2
nd
Edition” with Douglas B. Ball, Ph.D., Henry F. Simmons, M.D., Ph.D. and James R. Desabaye. Mr. Self is a life member of the American Numismatic Association, the Society of Paper Money Collectors, as well as numerous regional numismatic associations. He is an authorized submitter to NGC, PCGS, and PMG, a diamond founding member of Coin Dealers Helping Coin Dealers and a supporter of the Industry Council for Tangible Assets. American Coins and Collectibles can be found at many of the state and local coin shows.
American Coins and Collectibles
Shreveport, LA