One of the most exciting lots to stimulate the hobby of collectible stocks and bonds was the large archive of
Confederate bonds sold by Sotheby's in London on Tuesday, November 24, 1987. This lot was described as a “major and extremely extensive archive of unredeemed bearer bonds issued by the Confederate States of America between 1861 and 1864, comprising over 87,000 individual certificates for numerous Loans authorized by Acts ofThe Confederate Congress.” This exceptional holding represented the entire surviving portfolio of
Confederate bonds controlled by United Kingdom Trustees since the 1880’s.
The original objective of the Trustees was to get the Southern States debt paid following the Civil War. Of course, this dream had long since been abandoned. This important assemblage of bonds was at one time part of the holdings of the United Kingdom Trustees, National Safe Deposit Co. Ltd. in London, or sometimes referred to as the Confederate Bond Holders Committee. These bonds passed by corporate succession to the Coutts Bank. (Bankers of the British Royal Family).
One of the most exciting lots to stimulate the hobby of collectible stocks and bonds was the large archive of Confederate bonds sold by Sotheby's in London on Tuesday, November 24, 1987. This lot was described as a “major and extremely extensive archive of unredeemed bearer bonds issued by the Confederate States of America between 1861 and 1864, comprising over 87,000 individual certificates for numerous Loans authorized by Acts ofThe Confederate Congress.” This exceptional holding represented the entire surviving portfolio of Confederate bonds controlled by United Kingdom Trustees since the 1880’s.
The original objective of the Trustees was to get the Southern States debt paid following the Civil War. Of course, this dream had long since been abandoned. This important assemblage of bonds was at one time part of the holdings of the United Kingdom Trustees, National Safe Deposit Co. Ltd. in London, or sometimes referred to as the Confederate Bond Holders Committee. These bonds passed by corporate succession to the Coutts Bank. (Bankers of the British Royal Family).
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