SPINK'S NEW YORK SELLS CONFEDERATE NOTES

A bid of $33,600 vaulted a $10 Confederate Note to the top of the prices realized list in Spink’s New York sale Oct. 30-31. Price includes a 20 percent buyer’s fee.

Now called a fantasy issue because it was likely a contemporary counterfeit, the note carries an incorrect issue date of September 2, 1862, and misspelled printer name “Keatings [sic] & Ball.”

But it is hugely collectible because it was included as T-48 in Grover Criswell’s Confederate catalog. It was graded PMG 55 About Uncirculated.

A $50 (P-1, Cr-4, PF-2) was the last note type issued out of Montgomery prior to the capital of the Confederacy being moved to Richmond. Dated May 22, 1861, its face vignette shows slaves hoeing cotton.

This note was endorsed on the back, “N. Orleans June 10, 1861 A. J. Guirot Asst Trs CS [Assistant Treasurer of the Confederate States].” In a most collectable PMG Very Fine 25, it was bid up to $8,400 on a $7,500-$12,500 estimate.

To read the complete article, see:
Fantasy note wows at Spink sale (https://www.numismaticnews.net/article/fantasy-note-wows-at-spink-sale)

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