What are these Banknotes? Confederate, Obsolete, or Foreign? It is History.

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  • Опубліковано 4 жов 2024
  • Link to video: "Phony as an $8 Bill"
    • Wacky, Weird & Wonderf...
    The Missouri Defense Bond banknotes of the U.S. Civil War era are interesting enigma. The fascinating question is are they an obsolete banknote? A confederate banknote? Or a foreign currency? Missouri was a hotly contested border state populated by both Union and Confederate sympathizers. The state sent armies, generals, and supplies to both sides, maintained dual governments for a period of time, and endured a bloody neighbor-against-neighbor intrastate war within the larger national civil war. There were a total of three designs issued in early 1862 but it was one particular note that caught my eye. This video idea started out a short story of one banknote which was never issued. But what’s amazing? That single banknote packs over a century of history.
    It’s fascinating to see how paper currency intertwines with and reflects history especially during pivotal times such as the U.S. Civil war. So what’s my opinion as to what are Missouri Defence Bonds. An obsolete banknote? A confederate banknote? Or a foreign currency? Well, they weren’t issued by a bank - so not an obsolete. The confederacy was never recognized by another nation - so not foreign currency. The second series, with the four fifty note, was issued before Missouri was admitted to the Confederacy so those are simply banknotes issued by an individual state in rebellion - a fourth option. The first and second series were issued after Missouri was granted confederate statehood so, in my opinion, they are confederate bank notes. But it is interesting that Heritage Auction website lists them as obsolete. Now that it makes it clear as mud - you have to love paper currency. Well, that’s it for video number 35. Special thanks to the Society of Paper Money May-June 2002 Article “Missouri’s Confederate Government Rises Again” article by Bob Cochran.
    It’s amazing what you come across sidebar. One of the references that I used for the Missouri Defence Bonds was the book Confederate & Southern States Currency by Grover Cleveland Criswell, Jr. Well - with that name and seeing a picture of Criswell I had to find out what his deal was. Criswell was quite the self-promoter. He was a politician, collector, currency scholar and author of several books. Criswell served as a lieutenant in the Air Force 1955 to 1957, was the mayor of St. Petersburg Florida at age 25, met Senator John F. Kennedy in 1960, appeared on the TV shows "What's My Line?" the "Today Show" and to tell the truth in 1961. He owned his own money museum in St. Petersburg where an actor in full Confederate military dress greeted you at the entrance. It closed after thieves cut a hole in the roof and stole $298,000 worth of coins and paper which is over 3 million today. Criswell also launched Bank Note Reporter in 1972 and served as its publisher for four years.
    Criswell was a big man - 300 pounds - and in later years grew a goat-tee and wore a Colonel Sanders string tie calling himself "the richest man in the world ... in Confederate money." He served on the ANA Board of Governors for 22 years. He even had a silver bar minted with his likeness in 1977! I mean how many “numismatists” can say that! He was a familiar figure at coin shows and auctions, and through his mail-order collector business, where he had taken the name Colonel Criswell. According to Pierre Fricke, a highly respected expert on Confederate and Obsolete currency and an award-winning author stated in a 2021 St Pete Catalyst article, “I stand on the shoulders of giants, including his. Criswell was a significant leader, a great marketer and promoter.” End of sidebar. Criswell was kind of an icon for paper currency.
    Currency, Money, Collecting, Numismatist, Numismatic, Numismatist, History, Dollar, Bank note, Banknote, Hobby, Coin, Gold, Silver, Unites States Money, Bureau of Engraving & Printing, United States Treasury, Paper Currency, Gold Certificate, Silver Certificate, Legal Tender Note, United States Note, National Banknote, Obsolete Banknote, Federal Reserve Note, Federal Reserve Bank Note, National Bank Note, Small Size Bank Notes, U.S. Mint, US Mint, Obsolete Bank note

КОМЕНТАРІ • 51

  • @sjones939
    @sjones939 Рік тому +3

    Was just in Missouri!! This is awesome history. Per usual, great story telling Dan!

  • @amauldin71
    @amauldin71 Рік тому +1

    Very interesting and informative. Thanks for putting this together.

    • @PolarCurrency
      @PolarCurrency  Рік тому

      Thanks for the kind words and glad you liked it

  • @blkcrypto
    @blkcrypto Рік тому +1

    Great video, Dan. Thoroughly enjoyed it

    • @PolarCurrency
      @PolarCurrency  Рік тому +1

      Thank you sir - could not have done without that note. For that I will be grateful.

  • @Ontario100
    @Ontario100 Рік тому +1

    Another fantastic video! I really appreciate all the history. Lots happening in that part of the country during the Civil War era. Congrats on 500 subs! Love $4.50 note. lol

    • @PolarCurrency
      @PolarCurrency  Рік тому +1

      Thanks Ontario - got over the hump! Fun video to do.

  • @manasawalaaamir
    @manasawalaaamir Рік тому +1

    i really get educated for US history from your videos

    • @PolarCurrency
      @PolarCurrency  Рік тому +1

      Appreciate the kind words and the support. Thank you.

  • @markjohnson9445
    @markjohnson9445 Рік тому +2

    Another extremely interesting video. I've always enjoyed the history of the Civil War , and maxing it with currency is better yet.

    • @PolarCurrency
      @PolarCurrency  Рік тому

      Thanks Mark - I think we have the same "history interest". Lucky enough that "Federal" currency started during the Civil War and a lot of stories intertwine - and you have the Hancock $2 Silver Certificate, and the Treasury Notes of the 1890s - a treasure trove. All on my list. Appreciate the support.

  • @coincollectingfun
    @coincollectingfun 11 місяців тому +1

    Big like number 51 and subscribed! Excellent video and thank you so much for sharing this valuable information!

    • @PolarCurrency
      @PolarCurrency  11 місяців тому

      Thanks and welcome! Appreciate the comment and the kind words.

  • @gunnysquarterdeck8550
    @gunnysquarterdeck8550 Рік тому +2

    I went to a currency show in Tampa yesterday and met Pierre Fricke. The knowledge he has on confederate currency is amazing. I did buy an 1864 $2 confederate note from him for my wifes collection. Awesome video.

    • @PolarCurrency
      @PolarCurrency  Рік тому

      I have heard the same and not had the pleasure to meet him although we have a common friend and there may be an interview coming up with Pierre. I Certainly hope so. Thanks Gunny appreciate the support.

    • @John-fi5ik
      @John-fi5ik Рік тому +1

      Even though Confederate notes are a separate category , aren't ALL notes that are not current and demonetized considered obsolete ?

    • @PolarCurrency
      @PolarCurrency  Рік тому

      You’re not wrong the broad category is “Obsolete” - I’m just complicating things to break down into sub categories! Thanks!

    • @edwardsawtell5712
      @edwardsawtell5712 11 місяців тому +2

      Pierre Fricke is an absolute gentleman! When I first got into currency collection, I bought a note from him off of eBay and indicated that it was my first Confederate note purchase. He sent me a copy of his book on pricing Confederate currency for free!

    • @edwardsawtell5712
      @edwardsawtell5712 11 місяців тому

      @@John-fi5ik I have found a lot of good deals on colonial currency when they mark it and categorize it as obsolete!

  • @massabesicgoldandsilver
    @massabesicgoldandsilver Рік тому +1

    Number 9! Loved that National Bank note too 😉

    • @PolarCurrency
      @PolarCurrency  Рік тому +1

      I figured you would like that Easter egg - Go New Hampshire!

    • @massabesicgoldandsilver
      @massabesicgoldandsilver Рік тому +1

      @@PolarCurrency truly fantastic video all around. NH is nice too 😉

  • @billhetland8070
    @billhetland8070 8 місяців тому +1

    Hi Dan,
    Great video and thanks for sharing.
    Great history on the Missouri Defense Bond notes. A lot to take in. I will have to watch this one again and learn more on the 2nd round. Just to let you know I also have the $4.50 cents Jefferson Defense Bond note in Gr. PMG 40
    I picked up about in August of 2022. I like this note.
    Take care. 🙏
    Bill 😎👍

    • @PolarCurrency
      @PolarCurrency  8 місяців тому +1

      Bill - again, thanks for the kind words and feedback. Yeah that $4.50! One banknote made an entire video. A lot of history to unpack and a lot that I did not cover.

    • @billhetland8070
      @billhetland8070 8 місяців тому

      @@PolarCurrency Your most welcome. 😎👍

  • @4Kollector
    @4Kollector Рік тому +1

    Omg, Criswell sidebar was hilarious 😂

    • @PolarCurrency
      @PolarCurrency  11 місяців тому

      I know - I couldn't believe it. He also developed a numbering system for US Obsolete notes and Confederate notes! Glad you liked it and thanks for the comment.

  • @667hodge
    @667hodge Рік тому +3

    Edward Keatinge was maybe the most talented engraver at that time.He worked for American Banknote Co in NY,he recruited Thomas Ball.Although they engraved the majority of the plates,they did not print all the notes.Other printers included James Patterson,Blanton Duncan,Hoyer and Ludwig,and Evans and Cogswell.Evans and Cogswell printed the book,Order of Secession.Near the end of the Civil War, General Sherman reportedly destroyed all the facilities and equipment in Columbia,SC.But some of Evans and Cogswell plates and printing machines survived.,as well as some of the original facilities remain.I believe their current City Hall on Main St is one of them.Evans and Cogswell remained in business till 1987

    • @PolarCurrency
      @PolarCurrency  Рік тому

      Keatinge & Ball certainly had talent - from what I found is that they were the only engravers allowed to make the plates and thanks for the addition of all the others that were printers for the CSA. Appreciate the additional history and thanks for the comment and support!

    • @larrywalker6105
      @larrywalker6105 10 місяців тому

      Try 1887

  • @edwardsawtell5712
    @edwardsawtell5712 11 місяців тому +2

    13:53 “Fricke sticker!”

    • @PolarCurrency
      @PolarCurrency  11 місяців тому +1

      Yep - didn't want to "pile it on" and good eye!

  • @collectingonthecheap56353
    @collectingonthecheap56353 Рік тому +1

    Very interesting!

  • @bigapplestacker6911
    @bigapplestacker6911 Рік тому +1

    Wow what a great video.

  • @SHAWNDAVIS-rh9ic
    @SHAWNDAVIS-rh9ic Рік тому +1

    Neat video!

  • @TheCoinBoxChannel
    @TheCoinBoxChannel Рік тому +1

    When your sidebars and sidebars to your sidebars almost overtake the main video, does that make the maine video the actual sidebar? 😂Cool history, and great video!

    • @PolarCurrency
      @PolarCurrency  Рік тому

      Yes! You are correct! Thanks for the support and comment Jo!

  • @massabesicgoldandsilver
    @massabesicgoldandsilver Рік тому +1

    This was absolutely fantastic! I honestly never knew so much Civil War action happened in Missouri. Typically focus is on the big battles or major players.
    I agree with your conclusion too (spoiler alert) they are Confederate notes. Great video Dan.
    PS: “Masshole” 😂🤣 I was laughing so hard my sides hurt.

    • @PolarCurrency
      @PolarCurrency  Рік тому +1

      Some humor for the New England border states of MA!

    • @PolarCurrency
      @PolarCurrency  Рік тому +1

      I have to just make sure...I'm hoping you did notice the $10?

    • @massabesicgoldandsilver
      @massabesicgoldandsilver Рік тому +1

      @@PolarCurrency oh I did! That’s why I said nice National Bank Note. Nothing like a good Wilton National Bank note to have in the background 😉👍🏼

    • @PolarCurrency
      @PolarCurrency  Рік тому +1

      @@massabesicgoldandsilver Just making sure. Went into sold notes at Heritage and match serial number with your video. Not too tough when searching "Wilton". Thanks for all the support Dean!

  • @Stuplubakcurrency
    @Stuplubakcurrency Рік тому +2

    Your sidebars are almost as good as the main!😂

    • @PolarCurrency
      @PolarCurrency  Рік тому +1

      Sidebar to the sidebar to the sidebar! Thanks Stu!

  • @larrywalker6105
    @larrywalker6105 10 місяців тому +1

    Good videos polar man . I have the $1, $4.50 and the $20. The $100 is harder to get. Exxy.

    • @PolarCurrency
      @PolarCurrency  10 місяців тому

      Thanks for the comment and yes they do. I've been pondering if I want to try to collect "the sets" and came across the $20 this past weekend but have to admit I passed.