Atlanta Arsenal NoteT40 $100 1862 PF-1 Cr. 298.
An interesting example of the diffuse steam from the locomotive variety, printed on unwatermarked paper. It has an issue stamp from the Atlanta Arsenal in an arc with GA and 1862 below it on two lines and a handwritten December 31st. We have never had a note from this issuer. The Arsenal was established in March 1862 after Nashville fell to Union troops. The facility had thirteen buildings and had a workforce of over 5,000. It was closed and moved to Macon and Columbus, GA when Sherman invaded Atlanta. It also has 1864 & 1865 interest paid stamps are on the back from Raleigh, N.C. According to Confederate expert Pierre Fricke, there are only three known from this issuer. Pinholes are noted and the very bottom of the note has been severed and crudely reattached with a backing and glue. Very Fine-Extremely Fine.
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