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    Vibrant T3 $100 Montgomery Note

    T3 $100 1861 PF-2 Cr. 3 PMG Choice Very Fine 35.
    This beautiful serial number 1376 $100 Montgomery is from the second $50-$100 printing of 999 notes each. These second printing notes barely escaped seizure in New York before being shipped to the Confederacy, adding to their allure. The additional printing, along with the initial 607, made a total of 1606 $100 Montgomery notes issued, and there is a greater percentage known from this second printing than the first. The interest bearing note paid "interest at one cent per day." Like the others in the series, the National Bank Note Company engraving and color tinting work is superb. A bold rendering of a railroad station is under the arced title. To the left of the train, workmen are on the loading dock with barrels, sacks, and milk jugs. To the right of the train, passengers congregate on the platform. Columbia (partially altered from the similar "America" usage by the imprint), holding a crown of laurel leaves, is at the left. Both vignettes were used on several late-date Obsolete notes printed by the National Banknote Company. Intricate color frame, tint plate, counters, and devices appear. The usual signatures across, Alexander B. Clitherall as register and E.C. Elmore as treasurer. New Orleans back pen endorsement by Guirot that issued the note is dated "June 17, 1861," and re-issuance with interest in New Orleans on July 11, 1861. There are approximately 190 $100 Montgomery notes known in all grades, ranging from well circulated to Choice New condition. This is a pleasing Montgomery and represents the series well. PMG has commented about "Closed Pinholes" but this trivial comment can be easily overlooked as the note is otherwise spectacular for the grade.
    From the Grand Canyon Collection

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    Auction Info

    Auction Dates
    April, 2019
    24th-29th Wednesday-Monday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 525

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