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    Finest Known 63 EPQ $5 J. Manouvrier

    T12 $5 1861 PF-1 Cr. 46 PMG Choice Uncirculated 63 EPQ.
    An unimprovable example of this always popular issue that has no rivals and is the only known uncirculated example. The closest example at PMG is a 50 while PCGS has graded a 58PPQ which was last on the market over six years ago with us where it garnered a winning bid of $18,800 with buyer's premium. New Orleans was an economic powerhouse for the Confederacy. It was by far the largest city in the fledgling nation with more than 160,000 residents according to the 1850 census. The location at the mouth of the Mississippi made it a primary point for exports of cotton and as such a prime target of the Union. Prior to its fall in 1862 to the Union and war-long occupation, New Orleans printer Jules Manouvrier was selected by Memminger to print $5 and $10 notes. They were the only notes of all the 1861 issues to feature a back design, these printed in light blue ink with CONFEDERATE STATES OF AMERICA at center and the roman numerals in the corners to denote the denomination. The easily recognized back of this example is bright and fully tinted as one would expect on a note as nice as this. No $10 notes are known as they were all destroyed after being compromised by a theft in Virginia that forced a destruction of the remaining stock. The importance of this piece as the finest known for the type cannot be understated here. As is always the case an estimate is but a guess although we are confident this unequalled note will realize and possibly enjoy a runaway price here this evening.
    From the Grand Canyon Collection

    View all of [The Grand Canyon Collection ]

    Auction Info

    Auction Dates
    April, 2019
    24th-29th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 1,150

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