Previous Lot Next Lot

Auction: 314 - Numismatic Collector's Series Sale
Lot: 160

T-5. $100. September 13, 1861. Cr. 5. PF-1. No.5269. Plate B. Train. Green underprint. Justice. Minerva. PCGS Extremely Fine 45PPQ, and a very pleasing example, with none of the usual large clumps of red fiber that often spoil the overall look of this scarce issue. Full borders, and nearly full margins. No endorsements on the back, so no bleed through. Before the War Between the States commenced it was possible for the Confederacy to obtain bank notes from the National Bank Note Company in New York. As the War progressed, the Confederate capital moved to Richmond, and the only avenue available for obtaining high quality bank notes was the Southern Bank Note Company, which was actually a New Orleans branch of the American Bank Note Company. Only 5,798 of these $100 notes were issued, and many of the survivors are tightly held.

Sold for
$1,500