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PA. U.S.A., 1861 and 1872, Issued Pennsylvania Loan Pair.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:200.00 USD Estimated At:250.00 - 400.00 USD
PA. U.S.A., 1861 and 1872, Issued Pennsylvania Loan Pair.
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[?]Live Online Auction Starts In 2025 Oct 29 @ 11:00 (UTC-04:00 : AST/EDT)
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The auction will take place on October 29, 2025 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Pennsylvania, 1861-72. Lot of 2 I/U Loans, Includes: 1861, $1000 6% Loan with red underprint, S/N 408; 1872, $6,450 6% Loan, S/N 459. Both have the same vignettes but in different locations except both have arms of PA at top center, Bonds are in Choice Fine to VF condition and cut cancelled, ABNC. (2).Large format engraved $1,000 bonds related to the Commonwealth of Pennsylvania’s “Loan of 1861.” The first, dated 1861, is printed in black with a bold red “1000” overprint across center, featuring the Pennsylvania state seal flanked by allegorical figures at top, with side portraits and an eagle vignette below. The second, dated 1872, references the Loan of 1861 and is printed in black with ornate border design, allegorical vignettes at bottom, the state arms at top center, and side portraits of statesmen. Both bonds represent Pennsylvania’s effort to raise funds during the Civil War to supplement federal borrowing, providing critical financing for the Union cause at the state level. These impressive designs reflect the high-quality engraving of the period and the patriotic symbolism used to inspire confidence in government securities. Both printed by ABNC.