2022-01 Raynors HCA Auction
This lot is closed for bidding. Bidding ended on 1/28/2022
A pair of South Carolina $100 Bonds, 13" x 9-1/2", January 1, 1861, one is VG, the second has paper loss, 3" x 3" upper left corner. These bonds were intended for issue in the months leading up to the Civil War and were intended to fund anticipated costs of preparing the state for war. These were 6% bonds whose redemption date was June 1, 1864. These bonds were printed by Evans & Cogswell and depict a palmetto tree surrounded by goods and agricultural products. The Republic of South Carolina was declared when the State of South Carolina declared its secession from the United States on December 20, 1860. This was the second Republic of South Carolina, since South Carolina declared its independence (from Britain) the first time on March 26, 1776, more than three months prior to the United States Declaration of Independence. On February 8, 1861, South Carolina joined other Southern states to form the Confederate States of America. South Carolina after secession was frequently called the Palmetto Republic.
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