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    Description

    T5 $100 1861 PF-1 Cr. 5.
    Intended to replace the $100 Montgomery issue which was no longer available, this $100 was produced by the New Orleans branch of the ABNCo under the name of "Southern Bank Note Company." The small undermanned shop struggled to design and produce these notes and printed only 5798 before New Orleans fell in the Spring of 1862. The back of the note has a printed entry that indicates that it was redeemed at face value plus interest for 425 days ($104.25) in Savannah, GA on April 21, 1863. A manuscript endorsement verifying the interest as $4.25 is worthy of addition research. PMG grades this example Choice Very Fine 35 Net due to the fact that the note is hammer and POC cancelled and that there is an edge tear from the second POC down to the bottom margin. This is still a bright example that faces up quite well and has interesting historical content on the back.


    View all of [Selections From The Alan Moser Collection of Iowa National Bank Notes ]

    Auction Info

    Auction Dates
    January, 2017
    4th-10th Wednesday-Tuesday
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