1861 CT-22 The Confederate States of America (CTFT) Note w/ UPHAM Imprint

Description

1861 CT-22 The Confederate States of America (CTFT) Note w/ UPHAM Imprint
1861 CT-22 The Confederate States of America (CTFT) Note w/ UPHAM Imprint
B36
1861 CT-22/152 The Confederate States of America (CTFT.) Note.
This Civil War era CTFT. features a Vignette of an Indian family at the center with a Chief holding a bow and a tomahawk. On the right is a woman holding an "X" and an ear of corn. On the left is
Thetis
with a scepter of Neptune which represents sovereignty of the sea.
The Upham Fac-Simile imprint is still attached at the bottom!
Upham owned a store in Philadelphia where he sold cosmetics, drugs, stationery, and newspapers. When the Civil War hit, he came up with a new business idea. Many customers in the Union states were curious about Confederate money and Southern banks so he began to print notes such as this one to sell, showing people what Southern currency was like. Many of these notes found their way South and passed as genuine, further destabilizing the Confederate's financial system. What began as a souvenir for the North was quickly becoming a problem for the South. Confederate President Jefferson Davis even put a bounty on Samuel Upham's head for ,000. By mid 1863, Confederate finances were in such a mess that even genuine notes began to lose all value. After the war, Upham was quite proud of the contribution he made to the Union victory. After the war, Upham went back to selling stationery and newspapers. Today, Upham's souvenir printings are prized collectibles! Upham passed away on June 29, 1885 at the age of 56.
This CTFT. note grades Very Fine with some internal and edge splits.
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