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Description

Marion, AL- Selma, Marion and Memphis Railroad Co. 25¢ Mar. 1, 1871 Gunther-Derby AO-299-$.25a Remainder PMG Choice About Unc 58.
The Selma, Marion & Memphis Railroad was originally chartered as the Marion & Alabama River Transportation Co. In February 1854, its name was changed to the Marion Railroad Co. The organization would undergo several other name changes before finally bearing the title printed on this note beginning in 1868. Eventually, the Southern Railway System absorbed this railroad. At center on this piece is a beautiful green "25" overprint. A lovely green back with a cotton plant at center is also present. At bottom right on the face lies the facsimile signature of N(athaniel) B(edford) Forrest, famous Confederate general who participated in several business ventures after the war. PMG mentions the note was previously mounted.


Estimate: $400 - up.

View Certification Details from PMG

Auction Info

Proxy Bidding Ends 
January
25th Sunday 5:50 pm CT
Auction Dates
January
25th Sunday
Proxy Bidding Time Remaining 
2 Days 2h 33m 32s
Internet/Mail Bids: 6
Lot Tracking Activity: 17
Page Views: 165

Buyer's Premium per Lot:
22% of the successful bid (minimum $29) per lot.

This lot is in: 1 - Currency Session
(Lots 94001-94541) - 6:00 PM Central Time, Sunday, January 25, 2026.
[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.]

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Additional Location Info:
Heritage Auctions - Dallas
2801 W. Airport Freeway
Dallas, TX 75261

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Current Bid:
$340
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