T48 $10 1862 "XX-3" PMG Choice About Unc 58.. ...
Description
Highest Recorded PMG Grade T48
T48 $10 1862 "XX-3" PMG Choice About Unc 58.The debate over what this note is and is not continues. The note does have printed signatures and has vignettes that were used on Hoyer & Ludwig products. The two most likely scenarios are that (1) this note was printed by Hoyer & Ludwig during the war, demonstrating printed signatures and, while they were at it, poking fun at their arch competitor, Keatinge & Ball by means of the garbled imprint (Keatings & Ball Columbus, SC.) or (2) It was produced at some point after the Civil War, aimed at the burgeoning collector market for Confederate rarities that began in the 1870s. In either case, this is a rare and popular note in very nice condition which should attract significant collector interest. At present, this note carries the highest recorded grade for a T48 in the PMG Population Report. PMG mentions an insignificant pinhole.
Estimate: $17,500 - up.
Auction Info
Buyer's Premium per Lot:
22% of the successful bid (minimum $29) per lot.
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.
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Heritage Auctions
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Dallas, TX 75261
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