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    T11 $5 1861 Cr. 44.
    This is a vibrant example of the lowest denomination from the July 25, 1861 issue and was non-interest bearing. This was the first $5 note issued by the Confederacy, and it was immediately required for commerce. Printed on a thick bond paper, subject to rapid splits and nicks upon entering commerce, high-grade notes from the approximately 73,000 printed are quite rare. The attractive Hoyer & Ludwig lithographed design complements the Type 10. The vignette is similar to that on the $10 denomination, with seated Liberty and an eagle. Instead of a shield showing the Confederate flag, a large "5" counter is in front of them, and commercial items around. At lower left, a sailor is shown at a wharf. As he leans on a capstan, he gestures toward Liberty. Vignettes were adapted from Rawdon, Wright, Hatch & Edson engraved scenes. Another note from the Chiappa collection, this note was also a plate note in Criswell's 1996 Confederate catalog. Mr. Hilton acquired it for $6,500. PCGS grades this example Apparent Very Fine 30, citing repaired splits and tears (that appear to be mainly confined to the top and bottom margins). This example, as a result, faces up very well and will be a quite presentable note for someone's collection.
    Selections From The J. Wayne Hilton Confederate Currency Collection

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    Auction Info

    Auction Dates
    January, 2016
    6th-12th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
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