Skip to main content
Go to accessibility notice


    Appealing 1861 $100 Virginia Treasury Note

    Richmond, VA - Commonwealth of Virginia-Virginia Treasury Note $100 Aug. 13, 1861 Cr. 1 Jones & Littlefield VT02-06. PCGS About New 53PPQ.
    A rare and desirable State note type from the first 6% interest bearing series. Printed on bond paper by Hoyer & Ludwig, Richmond, VA. From the 6,150 emitted, only 83 were recorded as outstanding in 1863. The design and color is exceptional, the Hoyer & Ludwig work perhaps at its apex. At the bottom center, in red lace printing, are two seated females, Plenty and Moneta, with "100" between them. At top, the title is arced above a small portrait of Washington (that was used on the Confederate $50 Type 8 notes). At the left is Ceres holding the end of the title banner. At the right end is perpendicular HUNDRED on an ornate lathe pattern. Signed and issued, the serial number 1034 falls into a range of known high grade notes observed over the past thirty years (Ford VIII, Lot 1374, serial 1036, for example). We believe at this time 15-20 exist in all grades (mostly higher) with many strongly held. The past few years have seen some high realizations for the finest examples, including a record $30,550 for a PCGS Very Choice New 64PPQ in our 2013 Long Beach sale. There is a visible vertical fold, but the color is rich, and the margins are perfect and full. This definitely has a five-figure look to it and is premium quality for the assigned grade. The eye appeal is superior to many technically uncirculated notes we have observed.

    Ex: Eric P. Newman Numismatic Education Society.

    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 378

    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.
    Sold on Apr 28, 2015 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    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
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 9 days left to consign to the 2021 August 10 - 16 ANA WFOM World Paper Money Signature Auction - Chicago!

    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 receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search