Doesn't seem this one was too popular.
SAVANNAH [GA] REPUBLICAN, October 8, 1862, p. 2, c. 1
The Confederate Flag.—Congress has at last adopted a design for the National Flag. Its peculiarity consists in a circle of white links in a blue ground. The links are themselves circles, and interlocked so as to form a large circle. Their number is equal to that of the States. Each link being in itself complete, is symbolic of State sovereignty, while their Union represents the Confederation.