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T27 $10 1861 PF-1 Cr. 221 PCGS Very Fine 20 CC.. ...
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Sold on Aug 15, 2019 for:
$7,200.00
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Description
Elusive T27 1861 Confederate $10
T27 $10 1861 PF-1 Cr. 221 PCGS Very Fine 20 CC.T27 $10s were printed by Hoyer & Ludwig with a minuscule quantity of 8,576 notes being issued for only a span of nine days in November and December, 1861. The reason for such a short run remains a mystery, with some experts speculating that a defective or broken lithography stone may have been to blame. Fricke's census for the Ab plate notes totaled 79 examples in 2014 and today stands at around 82 known notes, making this type rarer than even the high profile Montgomery issues. As Fricke notes: "This type is extremely rare in grades above Fine and very rare even at the Fine level."
As is the case with almost every example of this design type, which was printed on lower quality paper, this note has a few issues. It has been hammer cancelled and the cancels have been sealed. In addition, PCGS mentions repairs and stains. Nonetheless, this is still a decent, fully intact note that faces up well that is in well above average condition for this type.
Auction Info
2019 August 15 ANA World's Fair of Money Currency Platinum Night Auction - Chicago #3573 (go to Auction Home page)
Auction Dates
August, 2019
15th
Thursday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 668
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20% of the successful bid per lot.
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