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T12 PF-1 $5 1861.. ...
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Description
Rare Manouvrier $5
T12 PF-1 $5 1861.T12 is one of the rarest Confederate type notes. The note was printed by Jules Manouvrier, a prominent New Orleans lithographer and printer. Because of its light blue color, the back tended to fade rapidly when exposed to circulation. Also, because of its rather simplistic design, it became unpopular with both the public and the Confederate authorities, who elected not to renew the Manouvrier contract. There is also the "little" matter of the careless shipping of the notes and how that played into the cancelled printing contract, but we will let the historians duke it out regarding that subject. Many of the surviving T12's are problem items or have substantial defects, but this evenly circulated piece has emerged from the grading service with no adverse comments whatever. In April 2010, we sold a PMG VF 25 for $3737 and expect this PCGS Very Fine 25 example to do as well, if not better.
Auction Info
2010 August Boston, MA Signature ANA Currency Auction #3511 (go to Auction Home page)
Auction Dates
August, 2010
11th-16th
Wednesday-Monday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 471
Buyer's Premium per Lot:
15% of the successful bid per lot.
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