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T27 $10 1861 Cr. 228.. ...
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Sold on Aug 3, 2017 for:
$7,050.00
Bid Source: Live: Floor bidder
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Description
Rare and Desirable Type 27
T27 $10 1861 Cr. 228.A mere 8,570 examples of these $10 Ludwig & Hoyer printed notes were issued. Survivors are rare, and found in well circulated grades. To date, we have never offered an example above the Very Fine grade level. While this piece earned a grade of Fine 15, Cross Cut Cancelled from PCGS, its design elements are as bold as we have seen for even a Very Fine grade. Just as important are the bold, penned signatures at bottom rounded out by serial number 100. A minor paper thin and edge nick are noted by PCGS, but, both are minor and do not deter from the overall presentation. Most importantly, this example is free of restorations, a rarity for a note in such high demand.
A legendary note originally owned by elusive and enigmatic CSA collector John Gill of San Francisco, who was said to own the largest CSA collection in the world as early as 1894. Gill sold the this extraordinary note to even more famous John C. Browne, a Philadelphia collector of substantial means who, according to Douglas Ball, went on to assemble the most complete CSA variety collection of all time. Browne donated the bulk of his CSA collection to the Historical Society of Pennsylvania in 1920, this donation included an envelope filled with a complete set, the only set at the time and one of only two that exist today of all eight plate letters of this Shield & Eagle note, considered by many to be the rarest note of all 72 notes that comprise a CSA Type Set. When the Society decided to de-accession the collection in 1962, John Ford was there to purchase the entire collection, including at least nine of these plate-lettered Shield & Eagle notes. Ford had a duplicate of this A15 plate, though, so in March 1998 he consigned it to a Stack's auction, when Hilton purchased it.
Selections From The J. Wayne Hilton Confederate Currency Collection
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Auction Info
2017 August 3 ANA Currency Signature Auction - Denver #3556 (go to Auction Home page)
Auction Dates
August, 2017
3rd
Thursday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 1,421
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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