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    Description

    T5 $100 1861 PF-1 Cr. 5.
    When the Confederacy was shut off from its Northern banknote suppliers two weeks into the war, C.G. Memminger, Secretary of the Treasury, turned to the New Orleans branch of the ABNCo to fill his needs for additional $50 and $100 notes. In fact, he sent a special courier to New Orleans with the last National Bank Note Co. $50-$100 sheet that had been delivered to see if it could be duplicated. He was immediately told that this would not be feasible, and a crash program was launched to design a new $50 and $100, using stock ABNCo vignettes that were available. The branch, now working under the "Southern Bank Note Company" banner, was so small that the process of designing and producing new notes was terribly slow. The company finally delivered 5798 $50s and $100s that were issued between August and September 1861. PMG grades this example Choice Uncirculated 63. The note is printed on bright paper and is darkly inked with strong penned signatures, a worthy addition to virtually any Confederate collection.
    From The Matthew D. Webber Confederate Collection


    View all of [The Matthew D. Webber Confederate Collection ]

    Auction Info

    Auction Dates
    January, 2016
    6th-12th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
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