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Currency & Bonds - State - North Carolina
Coins Currency & Bonds
Scarce 1862 Dated Memphis & Charleston Railroad Company 25 Cent Note
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Here is a very cool Civil War currency note. This one was issued from Memphis, Tennessee. It is issued from the Memphis and Charleston Railroad Company in the amount of 25cents. In the lower corner it has the printed January 15th 1862 issue date. The railroad began limited service in 1852 and by 1857 was providing regular service over the entire 272 mile route between Stevenson, AL and Memphis. The railroad was rebuilt after the Civil War but the railroad went into receivership in 1892 and was absorbed by the Southern Railway in 1897. These notes, which were receivable for the payment of freight or passage costs, were in circulation for a limited amount of time in Memphis, as the city was occupied in June, 1862. The note features a vignette of a train in a large star shaped frame and 25 in a panel across the right end. The Schafluetzel book estimates a surviving population of six to ten examples. The note is in well worn circulated condition and measures 4-3/4ths inches by 2-1/2 inches in overall size. It comes in an acid-free holder for display and preservation.

Item #: B6948
Shipping Weight: 0.3 lb
Your Price:$235.00 USD
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