T-5. 1861 $100 Confederate Currency. PMG About Uncirculated 55 Net.

Currency:USD Category:Coins & Paper Money Start Price:500.00 USD Estimated At:1,000.00 - 2,000.00 USD
T-5.  1861 $100 Confederate Currency.  PMG About Uncirculated 55 Net.
650.00USD+ applicable fees & taxes.
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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: