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    Description

    T19 $20 1861 PF-1 Cr. 317 PMG Choice Very Fine 35.
    This Southern Bank Note Company printed note was only produced as one subject on a four subject $50-$20-$10-$5 sheet. Only 14,860 notes were issued between January and May of 1862 before the fall of New Orleans brought a permanent end to production. It remains unclear as to why the plates were not removed from the city before it fell in late April 1862. This note is a lovely mid-grade example on good paper with bright unoxidized protectors. The only mention by PMG is a lightly penciled annotation on the back right edge that affects nothing. These SBNCo notes are disappearing quickly as collectors snap up examples with no problems.


    Auction Info

    Auction Dates
    October, 2021
    6th-8th Wednesday-Friday
    Bids + Registered Phone Bidders: 13
    Lot Tracking Activity: N/A
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