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    Rare Cr. 1 Virginia $100

    Richmond, VA- Commonwealth of Virginia $100 Aug. 13, 1861 Cr. 1 PMG Choice Uncirculated 64.
    An absolutely stunning premium condition example, this is an exceedingly rare early Virginia issue. Printed by Confederate printer Hoyer & Ludwig, this note features vibrant red underprints and snow white paper. In your cataloger's opinion, notes from this series are perhaps the best notes produced by the Richmond firm. Only 6,150 of this note which paid 6% interest were issued, and by late 1863 only 83 notes were outstanding. Since then, certainly most of these have been lost to the ravages of time with Shull estimating a surviving population of only 5-15 notes known. This note will raise any collection to which it is added to the next level (or two). We have offered only one other example, the Newman note, which graded About New 53 PPQ and crossed the auction block for just over $7,600 in 2015. The example in this lot is ex-Ford and was bought by our consignor in 2005.


    Auction Info

    Auction Dates
    November, 2021
    14th Sunday
    Internet/Mail Bids: 8
    Lot Tracking Activity: N/A
    Page Views: 372

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