LOT #15472 |
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T2 $500 1861. We most recently featured this Confederate rarity in our 2006 Central States Signature Auction where it was de...
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Sold on Sep 13, 2006 for:
$28,750.00
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Description
Highly Desirable Montgomery $500
T2 $500 1861. We most recently featured this Confederate rarity in our 2006 Central States Signature Auction where it was described, "Current census information indicates that the T2 $500 has a very slight edge in rarity over the T1 $1000, as approximately 109 $500s are known as opposed to 115 reported $1000s. This example bears serial number 543 and it has four minor repairs dealing with three small circular punch cancels and possibly a pinhole. A scattering of pinholes are also noticed among the many nice traits of this note which includes sound edges and clear penmanship on this $500 that left New York harbor with its issue mates literally as Federal agents were running down the dock. An 1862 endorsement in red ink is noticed on the back, too. Any Montgomery $500 is highly desirable, and this note is likely to fill the auction room ranks with many Confederate aficionados." The note, which was sold as Fine now resides in a third party grading holder, PMG Net Fine 15 with the comments "Great Color, Holes Covered By Vintage Restoration On Back." This popular Confederate design is ranked No. 53 in the coffee-table book 100 Greatest American Currency Notes.Ex: Benjamin Rush
From The Troy Wiseman Collection
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Auction Info
2006 September Long Beach, CA Signature Currency Auction #418 (go to Auction Home page)
Auction Dates
September, 2006
13th-15th
Wednesday-Friday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 1,508
Buyer's Premium per Lot:
15% of the successful bid per lot.
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