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    Jefferson Davis Vignetted Confederate State Exchange Type

    Corinth, MS - C., F., & T. Sawyers-Confederate States Exchange $3 1862 Kraus 55234, Leggett-11. PCGS Very Fine 20 Apparent.
    This is a different series from the Confederate States Exchange, and within it are variants. Printed on rag paper, engraved and printed by Hutton & Freligh, prs., Memphis. The imprint is nearly completely shaved off. Distinctive to this rare and historic style is a centrally placed, rustic medallion portrait of Jefferson Davis under the curved title. The vignettes at top left and right are the same as those on the eagle and shield series. The top left shows a seated allegorical female holding a sickle in one hand and, with the other, supporting a cartouche showing a steamboat. In the upper right, field hands pick cotton. The lower right shows "$3." Noted with "Edge and Internal Splits and Damage; Backed." The "Corinth" is chipped off the lower left, but the backing holds the note together well and the vignette details are strong. We sold a similar note, of a different variant, in our 2015 FUN Signature sale for $4,700 graded PCGS Very Fine 20 Apparent. This is a lesser note, but still a great rarity.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 264

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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