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Auction: 314 - Numismatic Collector's Series Sale
Lot: 421

Tennessee Collection TN. Exchange Bank of First Brigade East Tenn. Vols. 25¢. October 1, 1862. (Keller TN-SA025; Garland 937). Blue, red protector with green back. Unissued remainder. Keller and Garland Plate Note. Printed on bond paper. The face is printed in all blue with block outlined red protector "XX V" across the center. Lower left, Union General (identified by Paul Garland as Brigadier General James S. Negley) in frame. In the right oval, Washington. Across the center, dogs chase an elk as copied from Jocelyn. Space for the Treasurer´s signature at the lower right. The back printed in green. Within an ornate cartouche the obligation: "Exchangeable at ¼ of 1 Pct. prem. for/U.S. Treasury Notes/When presented in sums of $5 at/Nashville, Tenn." One of the most stunning Civil War/Sutler issues we have handled. The note was considered unique by Garland and was obtained from him in 1989. Garland bought the note directly at the 1977 ANA Sale (bidder 990 for $260.00). A fabulous layout, color and title. This Union issue was a private bank for soldiers and officers. A key piece of Tennessee scrip that should excite several specialists. Hard to evaluate, but bidding in excess of the high estimate will most likely be required. A tremendous opportunity. Fine Plus, minor foxing. Ex. Paul Garland, 1989; Kagin´s 1977 ANA Sale, Lot 4402; Grover C. Criswell Collection. Ex. Spink Smythe July 2007.

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$5,000