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Description

Celina, TN- L(andon) W(are) Oglesby 50¢ Jan. 2, 1863 PCGS Apparent Very Fine 20.
The signer, Landon Ware Oglesby, was a Tennessean who enlisted in the 8th Regiment, Tennessee Infantry, CSA in May of 1861. According to several sources he remained with the unit, holding increasingly important ranks throughout the war. According to one source he was the unit's final colonel. The date on this note correlates to the last day of the Battle of Stones River in which the 8th Tennessee fought. What is not so clear is in what capacity Oglesby issued these notes. The common wisdom at present is that they were paid out by Oglesby in his role as Quartermaster for the unit. Colonel Oglesby and his family moved to Plano, Texas, where he was one of the first settlers. After a successful stint as the co-owner of a general store in that community, he became the Tax Assessor-Collector for Collin County, Texas, a position he held for eight years from 1878 through 1886. His tenure ended with his removal from office for misappropriation of county funds, creating a scandal which caused great losses for the county's bonding agent. The Schafluetzel census suggests a very small population of surviving notes for this denomination, with two known. PCGS notes stains and edge splits which should not have any significant impact on this very rare note's desirability. A truly fascinating Obsolete and the only piece we can recall having seen at auction.


Auction Info

Auction Dates
April, 2020
22nd-27th Wednesday-Monday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 240

Buyer's Premium per Lot:
20% of the successful bid per lot.

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Sold on Apr 27, 2020 for: $384.00
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