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T4 $50 1861 PF-1 Cr. 4 PMG Very Fine 20.. ...
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Sold on May 1, 2026 for:
$4,636.00
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Description
Evenly Circulated T4 $50
T4 $50 1861 PF-1 Cr. 4 PMG Very Fine 20.With serial number 265, this $50 was part of the initial shipment of 607 four subject sheets made by National Bank Note Company to Montgomery just before the commencement of hostilities in April 1861. It was one of just four $50s issued on May 2, 1861. The center vignette, which depicts slaves hoeing in the field, was originally created prior to the war, but was subsequently also used on T41 $100 Treasury Notes beginning in 1862. Unlike many Montgomery notes, this example provides some evidence of being in circulation, thanks to its lower denomination. PMG mentions stains and a repair in the upper left margin, neither of which are overly distracting.
Auction Info
2026 April 28 - May 1 CSNS U.S. Currency Signature® Auction #3601 (go to Auction Home page)
Auction Dates
Apr-May, 2026
28th-1st
Tuesday-Friday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 253
Buyer's Premium per Lot:
22% of the successful bid per lot.
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