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    Rare Error Series Date T38 $2 Type

    Confederate States of America - T38 1861 $2 PF-1, Cr. 286. PCGS Very Fine 25 Apparent.
    A Confederate type that is among the most interesting. Although this looks like a June 2, 1862 series $2 note, the first for the Confederacy, it is not. Blanton Duncan in Richmond, thinking it was part of the 1861 enactment, engraved the September 2, 1861 date on the initial plate and printed approximately 36,000 notes on a ten-subject plate before creating new plates with the proper date. A distinctive issue and not often seen in high grade. These early notes were needed for small change and circulated heavily. In the manner of the Virginia state seal with Virtus trampling Tyrrany, the central vignette represents the Confederacy attempting to vanquish the Union. The oval vignette in the upper left corner shows Judah P. Benjamin, the former U.S. Senator who later became a member of Jefferson Davis's cabinet. This is Benjamin's first appearance on Confederate currency. Plate position 1, serial number 912. An attractive note with some minor flaws noted as "Small Repaired Edge Tear at LR; Small Rust Hole at Left." They are not readily observed due to the excellent, even margins and sharp printing. This example is well above average and appealing.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: N/A
    Page Views: 495

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
    Sold on Oct 24, 2015 for: Sign-in or Join (free & quick)
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