Skip to main content
Go to accessibility notice

    Description

    Excessively Rare 25¢ Republic of Texas Exchequer Note

    Austin, TX- Republic of Texas 25¢ May 1, 1843 Cr. A11 Medlar UNL
    The Exchequer notes are in a class by themselves, one which is on every Texas collector's wish list. Exchequer notes were the last paper money of the Republic and were issued from 1842-45. They were closely controlled and diligently destroyed when redeemed due to their being backed by gold. These important notes were also actually signed by President Sam Houston. Only $14,600 of Exchequer notes were issued in total. In fact, the total census of all denominations combined is probably in the range of a mere 20 to 25 survivors, many of which are low grade or impaired in some fashion. This 25¢ note is evenly circulated and fully margined all the way around. The signatures are bold and dark, and the note is uncancelled and unmolested, and comes without a single negative comment on the third party holder. This denomination is unlisted in Medlar, showing that he did not even know of its existence through 1968, when his Texas reference was published. PMG Very Fine 20, a fabulous Texas rarity which will likely make our estimate appear conservative.




    Auction Info

    Auction Dates
    January, 2011
    6th-10th Thursday-Monday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 7,325

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Sold on Jan 10, 2011 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 10 days left to consign to the 2021 June 23 - 25 HKINF World Paper Money Signature Auction - Dallas!

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search