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Description

Delightful T15 $50 with Excellent Color

T15 $50 1861 PF-1 Cr. 79 PMG Very Fine 25.
The highest denomination emitted as part of a four note, September 2, 1861, series produced by the SBNCo, the T15 $50 Confederate Treasury Note had a small issuance number of 14,860 examples. After the fall of New Orleans, which was home to the SBNCo's office, in April 1862, the company halted production on this four note series. At left, Hope leans on an anchor as she presents a cornucopia. At right, Justice holds up her scales in her right hand and clutches a sword hand utilized to enforce the law in her left. At center, a steam locomotive races by in a vignette entitled the Hudson River Railway scene. A beautiful red-orange protector comprised of two "L"s flanking an ornate lathework panel is present at lower center. Well printed on bright paper with charming color and moderate wear, this beautiful piece does not often appear for auction at this grade level without the presence of any meaningful condition impairments. We auctioned another PMG VF 25 certified representative in October 2025 for $5,280. We expect our current offering will perform similarly, if not stronger.


Estimate: $5,000 - up.

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Auction Info

Proxy Bidding Ends 
May
1st Friday 5:50 pm CT
Auction Dates
Apr-May
28th-1st Tuesday-Friday
Proxy Bidding Time Remaining 
3 Days 3h 2m 59s
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: 24
Page Views: 208

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This lot is in: 5 - Heritage Signature® Auctions Floor Session - Platinum Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
(Lots 22001-22204) - 6:00 PM Central Time, Friday, May 1, 2026.
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]

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Additional Location Info:
Heritage Auctions
2801 W. Airport Freeway
Dallas, TX 75261

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Current Bid:
$4,200
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