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    Description

    Bright 1861 $5 T12

    T12 $5 1861 Cr. 46 PCGS Apparent Choice About New 58.
    Type 12 is a popular note with a great story. When it became evident that the Southern Bank Note Company (the New Orleans branch of the American Bank Note Co.) could not possibly keep up with demand, Secretary Memminger gave a contract to Jules Manouvrier, a New Orleans lithographer, to print $5s and $10s. One of Manouvrier's first shipments turned out to be his last as the flimsily wrapped package containing $10s was rifled enroute to Richmond. Enough $10 notes were stolen to cause the Department of Treasury to withdraw them from use. A total of 15,556 $5s were issued, with the design being somewhat unique at the time on two counts. First, the face design has no vignettes, and second, the note does have a back design. The design is popular and is becoming increasingly difficult to locate in nice condition. PCGS notes minor stains which are more than offset by a particularly vibrant blue back and extra clean and bright paper.
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    Auction Info

    Auction Dates
    April, 2020
    22nd-27th Wednesday-Monday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
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