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    Description

    T6 $50 1861 PF-1 Cr. 6.
    Although commonly referred to as part of "First Richmond" issue, this was not. The New Orleans branch of ABNCo operating under the name "Southern Bank Note Company" struggled mightily to produce new designs from scratch and took forever to get the job done. This led the Confederate Department of the Treasury to get other printers (Hoyer & Ludwig) started with much less elegant lithographed notes. Southern Bank Note Co. utilized vignettes that were in house in order to move the process along, and eventually 5798 were delivered. When New Orleans fell to Union forces in late April 1862 all production ceased. This example grades New 62 per PCGS and is a lovely appearing note with no indications of ink erosion, foxing, or other damage or problems. This note could reach an even higher grade were it not for a tight left margin.


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    Auction Dates
    September, 2015
    16th-22nd Wednesday-Tuesday
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