LOT #19411 |
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"CSA" Watermarked Paper - Full Sheet.. ...
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Description
"CSA" Watermarked Paper - Full Sheet.On April 27, 1862 the Confederate blockade runner Bermuda was captured by the USS Mercedita and taken to Philadelphia. Her cargo, which included a shipment of banknote paper bound for the Confederacy, was ordered sold by the Federal Courts. The Treasury Department purchased most of the "CSA" watermarked banknote paper and used it for a number of purposes, including Fractional Currency Specimens of the second and third issues. This is an example of a seldom seen full sheet that has eight "CSA" watermarks. It has been seven years since we last offered a full sheet example. Many of these have been cut up over the 150 intervening years. The sheet is not graded. It has a center fold which is a common characteristic of all known full sheet examples and .75 inch splits at both top center and bottom. Overall, the sheet measures 13 by 16 inches. Individual "CSA" watermark blocks have brought anywhere from $79 to $149 in our auctions in the last two years. Therefore, our estimate may be conservative.
From The Honorable William H. Kelly Collection
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Auction Info
2012 January Signature FUN Currency Auction #3516 (go to Auction Home page)
Auction Dates
January, 2012
5th-10th
Thursday-Tuesday
Bids + Registered Phone Bidders: 3
Lot Tracking Activity: N/A
Page Views: 618
Buyer's Premium per Lot:
15% of the successful bid per lot.
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