Online Only Auction
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Price Realized:
60.00 USD
Shipping Available
Date(s)
8/15/2024 - 8/22/2024
AUCTIONEER INFORMATION
Bidding Notice:

Lots are OFFERED with a MINIMUM OPENING BID of $10.00, and NO RESERVE ~ SHIPPING AVAILABLE on SOME ITEMS, as NOTED in EACH LOT DESCRIPTION ~ SUCCESSFUL BIDDERS WILL be INVOICED and NOTIFIED by EMAIL on Friday, April 23rd ~ CONTACT us to SCHEDULE PICKUP by APPOINTMENT ONLY, on Saturday or Sunday, August 24th and 25th, from 10am to 6pm > Both Days

Auction Notice:

We DO NOT REQUIRE you to have a CREDIT or DEBIT CARD on FILE with US to BID in our AUCTIONS ~ Therefore, we DO NOT PROCESS CARD PAYMENTS AUTOMATICALLY THROUGH AuctionFlex ~ For BUYERS who choose to PICKUP ITEMS LOCALLY, we WILL ACCEPT CARD, CASH and CHECK PAYMENTS in PERSON ~ For BUYERS who REQUEST SHIPPING, we WILL EMAIL a CUSTOM SQUARE INVOICE and PROCESS your PAYMENT SECURELY, ONLINE, via ... Show More


Information
Lot # 37
Group - Category Antiques & Collectibles - Antiques - Other Antiques
Lead 1893 CONFEDERATE STATES $500 CIVIL WAR LOAN BOND
Description
SHIPPING AVAILABLE > An authentic 1891 CONFEDERATE STATES of AMERICA $500 Civil War Loan Bond with 29 Coupons ~ Printed by B. Duncan of Columbia, South Carolina ~ At top center, a portrait of Jefferson Davis. Measuring 13.5 x 14.75'" overall, from an old and prominent New Orleans, Louisiana estate collection, referenced as Criswell #72. a Confederate States of America $500 Loan document with coupons remaining attached, each redeemable for $20.00 in interest, every six months, through April, 1879 ~ The last bond redeemed was the first half of 1865, commensurate with history, as the was ended during the Spring, 1865, when Robert E. Lee surrendered the last major Confederate army to Ulysses S. Grant at Appomattox Courthouse on April 9, 1865. The last battle was fought at Palmito Ranch, Texas, on May 13, 1865. To help raise money, the Confederate States of America issued bonds. Early in the Civil War, these bonds seemed a worthwhile, even patriotic, investment to the Southerners who bought them. The war was going well for the Confederacy and the bonds promised a tidy profit in interest. At war's end, Southerners were left holding now worthless Confederate bonds. This example was printed by B. Duncan of Columbia, S.C., and so noted in diminutive text to the lower center margin. CONDITION REPORT > Handwritten details are legible to a degree, including dates, and signatures ~ Otherwise, perhaps typical and minor elements relative to age, handling and material. BRIEF HISTORY OF THE CIVIL WAR The Civil War is the central event in America's historical consciousness. While the Revolution of 1776-1783 created the United States, the Civil War of 1861-1865 determined what kind of nation it would be. The war resolved two fundamental questions left unresolved by the revolution: whether the United States was to be a dissolvable confederation of sovereign states or an indivisible nation with a sovereign national government; and whether this nation, born of a declaration that all men were created with an equal right to liberty, would continue to exist as the largest slaveholding country in the world. Northern victory in the war preserved the United States as one nation and ended the institution of slavery that had divided the country from its beginning. But these achievements came at the cost of 625,000 lives--nearly as many American soldiers as died in all the other wars in which this country has fought combined. The American Civil War was the largest and most destructive conflict in the Western world between the end of the Napoleonic Wars in 1815 and the onset of World War I in 1914. The Civil War began, due to uncompromising differences between the free and slave states over the power of the national government to prohibit slavery in the territories that had not yet become states. When Abraham Lincoln won election in 1860 as the first Republican president on a platform pledging to keep slavery out of the territories, seven slave states in the deep South seceded and formed a new nation, the Confederate States of America. The incoming Lincoln administration and most of the Northern people refused to recognize the legitimacy of secession. They feared that it would discredit democracy and create a fatal precedent that would eventually fragment the no-longer United States into several small, squabbling countries. The event that triggered war came at Fort Sumter in Charleston Bay on April 12, 1861. Claiming this United States fort as their own, the Confederate army on that day opened fire on the federal garrison and forced it to lower the American flag in surrender. Lincoln called out the militia to suppress this "insurrection." Four more slave states seceded and joined the Confederacy. By the end of 1861 nearly a million armed men confronted each other along a line stretching 1200 miles from Virginia to Missouri. Several battles had already taken place--near Manassas Junction in Virginia, in the mountains of western Virginia where Union victories paved the way for creation of the new state of West Virginia, at Wilson's Creek in Missouri, at Cape Hatteras in North Carolina, and at Port Royal in South Carolina where the Union navy established a base for a blockade to shut off the Confederacy's access to the outside world. The real fighting began in 1862. Huge battles like Shiloh in Tennessee, Gaines' Mill, Second Manassas, and Fredericksburg in Virginia, and Antietam in Maryland foreshadowed even bigger campaigns and battles in subsequent years, from Gettysburg in Pennsylvania to Vicksburg on the Mississippi to Chickamauga and Atlanta in Georgia. By 1864 the original Northern goal of a limited war to restore the Union had given way to a new strategy of "total war" to destroy the Old South and its basic institution of slavery and to give the restored Union a "new birth of freedom," as President Lincoln put it in his address at Gettysburg to dedicate a cemetery for Union soldiers killed in the battle there. For three long years, from 1862 to 1865, Robert E. Lee's Army of Northern Virginia staved off invasions and attacks by the Union Army of the Potomac commanded by a series of ineffective generals until Ulysses S. Grant came to Virginia from the Western theater to become general in chief of all Union armies in 1864. After bloody battles at places with names like The Wilderness, Spotsylvania, Cold Harbor, and Petersburg, Grant finally brought Lee to bay at Appomattox in April 1865. In the meantime Union armies and river fleets in the theater of war comprising the slave states west of the Appalachian Mountain chain won a long series of victories over Confederate armies commanded by hapless or unlucky Confederate generals. In 1864-1865 General William Tecumseh Sherman led his army deep into the Confederate heartland of Georgia and South Carolina, destroying their economic infrastructure while General George Thomas virtually destroyed the Confederacy's Army of Tennessee at the battle of Nashville. By the spring of 1865 all the principal Confederate armies surrendered, and when Union cavalry captured the fleeing Confederate President Jefferson Davis in Georgia on May 10, 1865, resistance collapsed and the war ended. The long, painful process of rebuilding a united nation free of slavery began.
Name Summit, Mississippi Major Estate Auction #4 ~ Online Bidding
Auctioneer
Type Online-Only Auction
Date(s) 8/15/2024 - 8/22/2024
Auction Date/Time Info
Online PROXY BIDDING Opens THURSDAY, AUGUST 15th, 2024 at 7:00pm CT > Enter you maximum bids once, which allows the system to bid for you, up to your maximum, throughout the week until the auction closes.
Preview Date/Time No Preview ~ Online Bidding Only
Checkout Date/Time LOCAL PICKUP INFORMATION & SCHEDULE > Successful bidders may pickup items by PRIOR SCHEDULED APPOINTMENT from 10am-6pm, Saturday And Sunday, April 24th and 25th ~ Only successful bidders will be provided with the address for pickup, near Summit, Mississippi ~ You may contact us via email > BellRemnants@gmail.com ~ or by telephone > 504.581.4919 after the auction to schedule your appointment.
Location
Buyer Premium 10% Buyers Premium on Selling Price
Description
This is a NO RESERVE AUCTION ~ MINIMUM OPENING BID is $10.00 on ALL LOTS ~ 10% BUYERS PREMIUM plus APPLICABLE SALES TAX ~ SHIPPING Available on SELECT items (See Each Lot Description) ~ PICKUP is by SCHEDULED APPOINTMENT ONLY near Summit, MS ~ AFTER AUCTION CLOSING ~ CALL or EMAIL to SCHEDULE > 10am-6pm, August 24th and 25th ~ NEED SHIPPING?. > CONTACT US BEFORE BIDDING to confirm item eligibility and obtain estimated shipping costs ~ WE PACK in house and SHIP via USPS, UPS, FedEx at reasonable rates ~ ITEMS NOT PICKED UP BY August 25th may be forfeited ~ Please CONTACT US with any questions BEFORE bidding ~ Via Email > BellRemnants@gmail.com / Phone > 504.581.4919 ~ Sam H. Bell, Mississippi Licensed Auctioneer #202
GENERAL INFORMATION EVERYONE SHOULD KNOW ~ We do not process card payments through AuctionFlex ~ We accept card, cash & pre-approved check payments, in person, at time of local pickup ~ We do not require a credit card on file for you to register ~ We never access your credit card on file with HiBid, as we choose not to use the HiBid payment processing service ~ For buyers who request shipment, our invoices are sent via email and card payments are processed securely, online, via Square ~ Payment is due no later than 6pm, Sunday April 14, 2024 ~ Unpaid items are subject to cancellation of bids and sale ~ Checks are accepted only with prior approval by auctioneer. A 10% Buyers Premium will be applied to total auction item purchases ~ There is no extra fee for payment with a debit or credit card ~ There is no discount for cash payments. 7% Mississippi state sales tax will be applied to total auction item purchases, to be paid by the successful bidder ~ Businesses that hold a valid state sales tax permit are exempt ~ A copy of your permit is required for our records. BIDDERS CONTRACT > Bidder registration indicates, as a participant in the auction, you will abide by the terms and conditions of sale as set forth by Sam H. Bell (MSAL #202), herein after referred to as Auctioneer. These terms and conditions are ABSOLUTE and cannot be altered or changed in any way. If you unable to adhere to these terms, PLEASE DO NOT BID. If you are confirmed as successful bidder, you have established a legally binding contract that cannot be altered or voided. SHIPPING > Each lot will included a statement indicating if a lot is available, or unavailable for shipping ~ Bidders requiring shipment or local delivery, should contact the auctioneer prior to bidding. Shipping and delivery fees are estimated. NO GUARANTEE, WARRANTY > Items are offered and sold as is, where is, inclusive of any and all faults or defects, without recourse or guarantee. There is no warranty as to the merchantability, fitness of use for general or specific purpose, or functionality, either expressed or implied, relative to any items offered at auction. Buyer must understand they are committing to the purchase of property entirely based upon their own examination or opinion. DESCRIPTIONS > Descriptions or statements, oral or written, made by the owner of the property offered, or Auctioneer (or his agents or officers), concerning any item offered at auction, shall not be construed as a warranty, either expressed or implied. Auctioneer will not be held responsible for any advertising discrepancies, inaccuracies or changes in titles or descriptions of lots, inability of photographs to display or failure to exhibit certain aspects. RESPONSIBILITY & TITLE > Once an item is declared as sold, responsibility for acquiring and payment for the item is immediately transferred to the purchaser. The Auctioneer accepts no responsibility after this point, as the Buyer assumes full risk and sole responsibility for the item(s). The Buyer agrees at this time to pay for the item(s) in full, as specified relative to the time limit allowed in the terms. PAYMENT > Payment is to be made as designated in the auction notice. Cash, credit or debit cards will be acceptable forms of payment ~ Any other forms of payment must be approved by Auctioneer prior to the beginning of the auction. Buyers agree not to stop payment, disallow a sight draft or reverse any debit or credit card payment. Buyer is responsible for all expenses incurred related to collection of non-payment of any type. REFUNDS > No payments will be refunded for any reason. ANNOUNCEMENTS > Announcements posted or made by Auctioneer take precedence over any previously distributed information or advertising. Any deletions from or additions to the sale will be announced by Auctioneer. REMOVAL of PURCHASES > Arrangements for the removal of purchased items are the sole responsibility of the buyer. Buyers should bring their own moving equipment and labor. Buyers agree to remove purchase(s) at their own risk. ABANDONED ITEMS > If buyer fails to remove item(s) by the designated removal time, those items will be considered abandoned. Abandoned items may be stored, resold or disposed of without notice to the buyer at Auctioneer’s discretion, and if so, subject to certain fees. Auctioneer will not be responsible for loss or damage to these items. Storage of item(s) is NOT guaranteed. No claim or action of any kind can be made against either Auctioneer (or his agents or officers) for failure of buyer to remove item(s). DEFAULT > If purchases are not settled by the specified pick up day, or within an agreed timeframe allowed, the bidder will be considered in default. All defaulted items may be offered to the next highest qualified bidder at the discretion of the Auctioneer. REJECTION & CANCELLATION OF BIDS > The Auctioneer reserves the right to reject any and all bids for any reason prior to the close of bidding. The Auctioneer reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 22.50 2.50 USD
22.51 - 240.00 10.00 USD
240.01 - 475.00 25.00 USD
475.01 - 9,999,999.99 50.00 USD
Currency USD
Buyer Premium 10% Buyers Premium on Selling Price
Payment Terms
We do not process card payments through AuctionFlex ~ We accept card, cash & check payments, in person, at time of local pickup ~ For buyers who request shipment, invoices are sent via email and card payments are processed securely, online, via Square ~ Payment is due no later than 6pm, Sunday, August 25th, 2024 ~ Unpaid items are subject to cancellation of bids and sale, as stated in the Terms & Conditions ~ Checks are accepted only with prior approval by auctioneer.
SHIPPING INFORMATION Please contact us prior to bidding if you have a need for items to be shipped ~ It is suggested to obtain estimated shipping fees prior to bidding ~ We pack and ship in house, via USPS, UPS and Fedex ~ We do not charge excessive fees for packing & shipping ~ We only charge the rate we pay the carrier, with no handling costs ~ Rates are based not only on weight and distance (our zone to your zone), but also are relative to carton dimensions.