NEW BOOK: CONFEDERATE TREASURY CERTIFICATES
The E-Sylum (6/6/2010)
Collectors of Confederate fiscal paper have long been fascinated by the interim depository receipts (IDRs) and exchange certificates. This book explores the history of these important fiscal documents that bridged older issues of paper money to bonds or newer issues of paper money. The printers of official Confederate treasury notes and bonds could not keep up with demand for new paper money and print bonds to redeem the old paper money.
Hence, the Confederate Treasury resorted to certificates of indebtedness or interim receipts. These were used to borrow money temporarily while new issues were substituted for the old paper money or to satisfy claims of those who had bought bonds which the treasury did not have on hand. See Figure for an example of an IDR issued by the depositary at Selma, Alabama.
IDR issued at Selma, Alabama in 1864 by W. M. Smith, Depositary.
In 1998, two great researchers and collectors of IDRs, Dr. Douglas B. Ball and John Martin (Marty) Davis, began collaborating on a definitive reference and history of these interesting documents. Unfortunately, Dr. Balls untimely death in 2003 ended this partnership. Subsequently, Pierre Fricke acquired Dr. Balls work, and more recently, Marty Davis approached George Tremmel to help author a book based on his earlier research. Tremmel contacted Fricke in late summer 2008 and the old collaboration was resumed.
The book will be available in limited quantities at the Memphis International Paper Money show at Pierre Fricke's table (#1006 on the left wall). Be sure to stop by early in the show to get one as we expect to sell out. The authors will present the work at the annual author's forum at Noon on Friday June 18, 2010 at the show.
Later in July, the book will be available in quantity for retail and reseller purchase. Contact Pierre Fricke for more information on how to buy individual books or for dealer prices.
512 Pages, Full Color, Profusely Illustrated
Retail Price $60
P.O. Box 52514
Atlanta, GA 30355