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Cahawba, AL- Town Treasurer of Cahawba 12-1/2¢ Aug. 7, 1837 Gunther-Derby AO-127-$.125a PMG Fine 12 Net.. ...
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Sold on Oct 27, 2024 for:
$960.00
Bid Source: Internet bidder
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Description
Great Alabama Municipal Rarity
Cahawba, AL- Town Treasurer of Cahawba 12-1/2¢ Aug. 7, 1837
Gunther-Derby AO-127-$.125a PMG Fine 12 Net.This great rarity was the old Rosene 31-1 listing that's likely been in several key Alabama collections for decades. The town issued scrip during the Panic of 1837, more than a decade after it had ceased to be the state capital. The denomination reflects the widespread use of the Spanish milled dollar and its fractions in commerce at the time. This piece served as the plate note for the Gunther-Derby reference on Alabama Obsoletes. PMG mentions the presence of some rust specks and well done repairs.
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Auction Info
2024 October 27 Fall U.S. Currency Obsolete Banknotes Showcase Auction #62363 (go to Auction Home page)
Auction Dates
October, 2024
27th
Sunday
Internet/Mail Bids: 15
Lot Tracking Activity: N/A
Page Views: 277
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