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Lot
16127

T4 $50 1861 PF-2 Cr. 4.. ...

2013 September 25 - 27, 30 & October 1 Currency Signature Auction - Long Beach #3524

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Auction Ended On: Sep 25, 2013
Item Activity: 3 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Stunning 1861 T-4 $50
T4 $50 1861 PF-2 Cr. 4.
This stunning early note was last offered in our January 2009 FUN Signature Auction. It remains the single finest example of the type that we have offered at auction and when it was last sold, it was presented with the following description, "Few Montgomery issues show the beautifully textured, bright white paper exhibited by this wonderful T4. The mint green overprint is as deep as the day it was printed as are the blue serial numbers and the black ink devices. It was also endorsed on the back on May 25, 1861 by a Confederate captain who was an assistant commissary of subsistence. Fricke's Condition Census Top 10 for this number includes notes in the AU to Unc range and he mentions that there are few true Uncs. The lot we present tonight is one of those true Uncs. Previously, the finest example of this issue to pass through our auctions was a PCGS graded About New 58 which surpassed the $34,000 mark in our 2006 Central States Signature Auction. The striking current piece that we are offering boasts an even higher grade of PCGS New 62."
From The Tennessee Shamrock Collection

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