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T12 $5 1861 PF-1 Cr. 49 PMG Very Fine 20.. ...
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Description
New Orleans Printed Manouvrier $5
T12 $5 1861 PF-1 Cr. 49 PMG Very Fine 20.Jules Manouvrier, a small New Orleans lithographer, was able to secure a contract to print $5 and $10 Treasury Notes when Secretary Memminger was casting about for alternative sources for printing after being cut off from his New York sources in late April 1861. Manouvrier produced an interesting product with no vignettes on the face, but with a blue back design. No other Confederate Treasury Notes at the time included back designs, and all had at least some vignettes. Ironically, the concerns that this note would be easy to counterfeit never materialized. No counterfeit T12s have been encountered. Manouvrier's downfall was faulty packaging which led to a shipment of $5s and $10s being pilfered enroute to Richmond with enough $10s being liberated that the design was withdrawn. That theft was a contract-ending event. It is interesting to note that Manouvrier later repurposed the back design for a note he printed for the Bank of Whitfield in Dalton, GA. This note, having what Fricke identifies as the scarcest "I" plen, is fully framed and has a deeper blue back. It is repair-free and one of the keys to the Confederate series, with only 15,556 notes issued before production was terminated.
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Auction Info
2025 January 14 - 17 FUN US Currency Signature® Auction #3597 (go to Auction Home page)
Auction Dates
January, 2025
14th-17th
Tuesday-Friday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 283
Buyer's Premium per Lot:
20% of the successful bid per lot.
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