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T12 $5 1861 PF-1 Cr. 46 PMG About Uncirculated 55.. ...
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Sold on May 7, 2024 for:
$21,600.00
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Description
Only Three Graded Higher PMG 55 T12
T12 $5 1861 PF-1 Cr. 46 PMG About Uncirculated 55.Jules Manouvrier, a small New Orleans lithographer, was pressed into service by the Confederate government to print Treasury Notes. Careless packaging on a shipment of $5 and $10 Treasury Notes led to his contract being terminated after the $10 notes (of which we have never seen any surviving examples) had to be withdrawn as a result of stolen notes being placed in circulation with false signatures. 15,556 $5s were, however, issued and had several distinctive features. At the time, it was the only design that had no vignettes on the face and the only design with a printed back. The back on this note is particularly vibrant. Interestingly, Manouvrier later repurposed the back for use on Bank of Whitfield (GA) $5 notes. This note is in superlative condition for the type. Of the 102 examples presently in the PMG Population Report, only three notes are in higher grades.
From The Willamette Collection Part IV
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Auction Info
2024 May 7 - 10 CSNS US Currency Signature® Auction #3595 (go to Auction Home page)
Auction Dates
May, 2024
7th-10th
Tuesday-Friday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 283
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