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    Description

    T7 $100 1861 PF-4 Cr. 11 PCGS Extremely Fine 40.
    The July 25, 1861 $100 Type 7 is scarce and difficult to obtain in the highest grades. After the Federal government seized the Montgomery plates in New York, the demand for more paper money led to the printing of lithographed notes by Hoyer & Ludwig. These second series notes did not pay interest. The circulation increase made it impossible for the Register and the Treasurer to actually sign all the notes. This led to substitute officials or "for the" signers. This lightly circulated example also includes a typewritten card from the consignor that it was acquired from pioneer Confederate paper money dealer Sydney Kerksis, likely during the 1940s or 1950s. (Total: 2 items)


    Auction Info

    Auction Dates
    April, 2020
    22nd-27th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 263

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