On Thursday, August 25, 2015, I couldn't help but notice a quarter-page ad in the Wall Street Journal with the screaming
headline "Civil War Era Bank Notes" with an equally large-font phone number at the bottom. It pictured a five dollar obsolete
banknote from the Bank of the State of South Carolina. Essentially the same text is on the firm's web site, shown below. -Editor
State Bank of South Carolina $5 Obsolete Currency - Potato Vignette
Original Bank Notes with Hand Written Signatures and Dates!
View and hold history in your hands with these fascinating $5 obsolete bank notes issued by the State Bank of South Carolina over 150
years ago! The Civil War started on South Carolina soil on April 12, 1861 after the Union attack on Fort Sumter. The Bank of South Carolina
operated from 1812 through 1865 during which time it served as the State Treasury. It printed the only state issued notes during the Civil
War.
The central vignette of General Francis Marion eating a “Sweet Potato Dinner” is one of the most famous of Southern Vignettes. Marion
was known as the “Swamp Fox” and served in the Continental Army and South Carolina militia. He is considered an honorary United States Army
Ranger by the U.S. military. Thomas Sumter (left) served in the South Carolina militia and was called the “Carolina Gamecock” for his
fierce fighting style. Fort Sumter was named after him. General William Moultrie (right) defended Charleston and Fort Moultrie is named in
his honor.
Typically redeemed notes like these were destroyed upon closure of the issuing authority. The survival of these notes is rare in Civil
War and antebellum banking history. Their authenticity is unquestionable as they were bought from the South Carolina Department of Archives
and History. The signatures, dates and serial number numbers are hand written, making each note a unique piece of American history that
will become a treasured family heirloom passed down from generation to generation know two notes the same.
Another image in the ad shows "The notes still tied and sealed in their original 1880 bundles were discovered in the 1950's and
transferred to the State Archives in 1961.
I believe there is a monograph by John Muscalus on obsolete notes featuring the "Sweet Potato Dinner" vignette. Are any of our
readers familiar with this hoard? Was it documented in the numismatic press? When/how was it deaccessioned from the South Carolina State
Archives? One never knows quite what to believe in promotional material, but there may be an interesting story here. -Editor
To read the offering, see:
State Bank of South Carolina $5 Obsolete
Currency - Potato Vignette (www.coin-rare.com/2015-is-the-150th-anniversary-of-the-end-of-the-civil-war.aspx)
Wayne Homren, Editor
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