Confederate Bond, Five Thousand Dollars, 1862
01
Artifact Overview
Stella Williams was a wealthy orphan in 1860, living with her aunt and uncle in Richmond, Virginia. In January 1862, 19-year-old Stella purchased this $5,000 bond -- equal to one-fourth of her wealth. At 8% interest, it seemed like a good investment. Initially, at least, it was. Once the war was lost, Southerners like Stella were left holding now worthless Confederate bonds.
Artifact Details
Artifact
Bond (Negotiable instrument)
Date Made
1862
Subject Date
17 January 1862
Place of Creation
Creator Notes
Issued by the Confederate States of America Treasury and printed by Hoyer & Ludwig in Richmond, Virginia.
Location
Not on exhibit to the public.
Object ID
30.1104.1827.2
Credit
From the Collections of The Henry Ford.
Material
Paper (Fiber product)
Dimensions
Height: 8.25 in
Width: 12.5 in
Inscriptions
Recto, in part: $5,000 / IT IS HEREBY CERTIFIED THAT / CONFEDERATE STATES OF AMERICA / ARE INDEBTED TO MISS STELLA H. WILLIAMS OF RICHMOND, VA. / ... FIVE THOUSAND DOLLARS / ....17TH DAY OF JANUARY 1862 / .../ HOYER & LUDWIG RICHMOND VA.
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