SOLD
700.00USD+ buyer's premium (140.00)
This item SOLD at 2020 Feb 28 @ 18:30UTC-5 : EST/CDT
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T-5. 1861 $100 Confederate Currency. PMG About Uncirculated 55 Net.
Based loosely on the earlier Type 3 $100 Montgomery notes with a train vignette, these were printed in New Orleans by the politically correct name of Southern Bank Note Company, actually a branch of the American Bank Note Company of New York. A vignette of Justice is depicted at lower left, with the aforementioned train vignette at center, and Minerva, the Goddess of War, pictured at right. Actual signatures of Robert Tyler as Register (oldest son of President John Tyler), and Edward C. Elmore as Treasurer. A paltry 5,768 notes were printed, exactly the same as its sheet mate, the T-6 $50. While the note is dated September 3, 1861 on the face, the back endorsement shows it entered circulated on September 13, 1861, as the endorsement reads: “Issued by me / Sept 13, 1861 / Maj W.J. Anderson / Q M. Memphis / Tenn”. Anderson served as the quartermaster in Memphis in 1861 and into 1862, serving under General Leonidas Polk. PMG mentions bottom margin repairs, which are also at right. The dark green overprints are very bold.
Grading Company: PMG AU55NET
Serial#: S/N 2320 pp BPedigree/Collection:
Auction Location:
Cobb Galleria Center- 2 Galleria Pkwy SE, Atlanta, Georgia, 30339, United States
Previewing Details:
auctions.kagins.com
Numismatic sales tax exemption for dealers & GA delivery.
Sales tax applies only on currency invoices shipped to:AL,CA,CO,CT,DC,KS,KY,LA,MD,MA,MN,MI,MS,NV,KS,KY,MN,MI,NV,NJ,NM,NY,OH,OK,PN,RI,TN,TX,VI,WA & WI.
Sales tax applies to invoices shipped to: CA if <$1500, CT,LA,MD,MA if <$1000 & DC,KS,KY,MN,MI,NV,NJ,NM,NY,OH,TN,WI.
Taxes:
| Tax | Rate | Desc. |
| GA |
8.9% |
GA Sales Tax |
| DC |
5.75% |
DC Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
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Please allow 5-10 business days once payment clears for you purchase to ship-2nd Day FedEx or USPS Priority Express with signature required.
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A 2.9% discount is already included in cash or cash equivalent transactions.
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Terms and Conditions of Sale
1. Auction Company. This public auction is being presented by Kagin’s Auctions, a division of Kagin’s, Inc. (“KA”)
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or her own lots and pay commissions if successful. If a consignor bids from the floor for his or her own lots, KA may so note
to all present. KA reserves the right to omit from its published prices realized the purchase prices of items re-purchased by
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shall be final. KA IS NOT RESPONSIBLE FOR ERRORS IN BIDDING, and mistaken bids will not justify rescission of a sale.
www.kagins.com xv
Terms and Conditions of Sale (Continued)
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BUYER’S FEE OF 20%, except as otherwise provided by written agreement between a bidder and KA. Bidders
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penalty related to unpaid tax, regardless of whether KA collected such taxes at the time of purchase.
11. Kagin’s Loyalty Discount. All successful purchasers shall be entitled to a credit against any future
purchases in a KA auction, in the amount of one percent (1%) of the total purchase prices paid by
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auctions, or a period of 1 year, whichever is longer.
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