The product is a $60 1863 C.S. Cotton Confederate Bond, which is a type of banknote from the United States. This uncirculated bond features denominations of $2, $4, and $25, making it a valuable piece of historical Confederate currency. It is important to note that this item is ungraded and uncertified, adding to its rarity and appeal to collectors interested in unique and distinctive pieces of paper money from the Civil War era.