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T35 $5 1861 Cr. 271.. ...
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$16,450.00
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Description
Delightful Indian Princess $5
T35 $5 1861 Cr. 271.Lithographers Hoyer & Ludwig of Richmond printed a number of the 1861 Confederate issues. Most of their designs were modest, but captivating, as is the case with the Indian Princess design seen here. Romanticism of the West, coupled with intense dispute over the territories between the North and South, give this design a bit of a historical narrative. The Indian Princess design was used by other printers for other antebellum issues, but none are as coveted as this Confederate rarity. A mere 7,160 examples were issued and were it not for massive depreciation of currency during the war, the type may have been lost to attrition forever.
As early as 1883, numismatist John Haseltine declared that any appearance of a "Princess" is significant - and considered this type the rarest of the Confederate series. Hilton's passion for history and rarity did not trump his quest for quality. This Indian Princess boasts bolder than usual design elements. It hails from the Arnold Cowan Collection sale in Memphis 1998, a set with exceptional eye appeal from beginning to end. PCGS indicates some repairs and redrawn design details. There is a small edge tear at bottom, left of center, a common occurrence on most survivors of this type. PCGS Very Fine 20.
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: 8
Lot Tracking Activity: N/A
Page Views: 974
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17.5% of the successful bid per lot.
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