Description

    High Grade 1861 $50 Confederate Bond Ball 10 Cr. 1

    Ball 10 Cr. 1 $50 1861 Bond PMG About Uncirculated 55.
    This is one of only 250 bonds issued for this Montgomery type. Very few of those remain for the collectors of today. The last example we offered was way back in 2007. The bonds of this 1861 issue have the American Bank Note Co. New Orleans imprint, though they were actually printed at the company's New York office. This piece likely ranks up there as one of the nicest surviving examples for the issue. The portrait is of Howell Cobb, president of the Confederate Provisional Congress. This bond is signed by Register of the Treasury Alex(ander) B. Clitherall. When the Confederate capital moved to Richmond in July 1861, Clitherall decided to resign and stay in his home state. Therefore Clitherall's signature is only found on the Montgomery issues of the act of Congress February 28, 1861 dated bonds.


    Estimate: $5,000 - $7,000.

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    Auction Info

    Proxy Bidding Ends
    January
    3rd Wednesday 4:50 pm CT
    Auction Dates
    January
    3rd-9th Wednesday-Tuesday
    Proxy Bidding Time Remaining
    17 Days 16h 26m 6s
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: 5
    Page Views: 27

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    This lot is in: 1 - Heritage Signature® Auctions Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 20001-20450) - 5:00 PM Central Time, Wednesday, January 3, 2018 (6:00 PM Eastern Time).
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 24 hours before the live session begins and continues through the session.)

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    Additional Location Info:
    Tampa Convention Center333 S. Franklin StreetTampa, FL 33602

    Opening Bid:
    $2,500
    Bid Protection
    w/ Buyer's Premium (BP) : $3,000.00 Minimum Next Bid: $2,500 ($3,000.00 w/ BP)