Little Rock: J.D. Butler, Print. 1861. One bond, approximately 5 1/2 x 8 1/2 inches in total size (including margins), comprising certificate (approximately 3 1/4 x 8 inches, not including margins) and nine of ten attached coupons (each approximately 3/4 x 1 3/4 inches). Printed in red and blue and stamped in black, with "11646" inscribed in ink on the certificate and each coupon. Certificate signed twice in manuscript. One coupon excised, else fine. Item #WRCAM38348
A most unusual Confederate war bond issued by the state of Arkansas. Only one coupon has been clipped, possibly indicating early default. "THE STATE OF ARKANSAS Five Years After 1st July, 1861, promises to pay ~~~ J.W. McConanghy ~~~ or Bearer Five Dollars, with interest at the rate of EIGHT per cent per annum, payable at the Treasury on the 1st of January and July of each year. This will be receivable at par for State Revenue, for Lands, and any debt due the State, in her own right, or as Trustee. August 17th. 1861. Countersigned W.R. Miller, Auditor. O'Barham Treas...." A rare and attractive display piece.