Bibb Furnace, AL- W.E. Johnston $5 Oct. 1, 1873 Gunther-Derby AO-115-$5a Rosene 17-1 PMG Fine 12 Net.. ...
Description
Bibb Furnace, AL- W.E. Johnston $5 Oct. 1, 1873 Gunther-Derby AO-115-$5a Rosene 17-1 PMG Fine 12 Net.This scarce scrip note hails from the Bibb Furnace. During the Civil War, the Bibb Furnace at Brierfield Ironworks served as a key iron producer for the Confederate States of America. However, during Wilson's Raid of 1865, the facilities were destroyed. Postwar, the organization was rebuilt and operated until its permanent closure in 1894. This $5, issued by W.E. Johnston, features a male portrait, perhaps of Johnston, at left. A green decorative back is also present. We have only offered one example from this issuer previously, and that piece was none other than the note in this lot. This representative served as the Gunther-Derby plate note on page 52 of the reference and is most certainly unique or nearly so. PMG mentions pieces missing.
From The Jerry Loegler Collection
Estimate: $275 - up.
View Certification Details from PMG
Auction Info
Buyer's Premium per Lot:
20% of the successful bid (minimum $29) per lot.
This lot is in: 1 -
Currency Session
(Lots 95001-95408) - 6:00 PM Central Time, Sunday, September 21, 2025.
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]
Additional Location Info:
Heritage Auctions - Dallas
2801 W. Airport Freeway
Dallas, TX 75261
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial
** Lots bearing estimates and without Consignor Reserve shall open at Heritage Auctions' discretion (usually 25% to 60% of the low estimate).