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- Confederate States of America - T19 1861 $20 PF-1, Cr. 137. PCGS Choice About New 55PPQ. Like the T15 $50 Southern Bank Note Company engraved and printed note in the Newman Collection, this is a noteworthy uncancelled example. In this stellar condition, it is rarer than the T15 $50. Printed in New Orleans on a four-subject plate. Handsome dies from the Rawdon, Wright, Hatch, & Edson repertoire were used to create another classically beautiful type. Printed on thick bond paper with color threads. Like the T15 $50, 14,860 were issued and most known today are low grade or cut or hole cancelled notes. Navigation, with her accoutrements, is seated at top center; ships are at sail in the background. At lower left, Minerva is depicted holding her spear and an olive branch as she leans on the shield showing Medusa's head. At the lower right, a blacksmith stands at his anvil in front of the forge. A vermillion micro-lettered guilloche is across the bottom center. There are three outlined "20" dies, a larger oval one over the guilloche and two tilted dies flanking the vignette. The serial number is 2403. Another remarkable note, essentially as made and complementing the T15 $50 in this sale perfectly. The printing is deep black, and the rich vermillion protectors provide a stunning contrast. The margins are complete, though close in a few spots. The type is not confirmed in strictly Uncirculated, uncancelled condition. This is one of the finest known T19 $20 notes and worthy of strong pursuit by type collectors who desire a museum caliber example. Ex: Eric P. Newman Numismatic Education Society Realized $30550.00. Newman VII (Heritage Auctions, 10/2015), lot 18781. Description courtesy of Heritage Auctions.
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- Confederate States of America - T18 $20 1861 PF-5, Cr. 109. PCGS About New 50. The T18 $20 is one of the most common 1861 Confederate types, but its numerous varieties make it an interesting Hoyer & Ludwig series. There are many different counterfeit styles known, some well-made and close approximations. The inverted lower right "XX" counter, PF-5, Cr. 109, note is one of the major error varieties in the Confederate series.. The standard design, with a clipper ship at the top center and a sailor at the capstan at the lower left. The right end panel has a "20" die at top, obligation in the center, and "XX" at the bottom right, inverted on this variety. Plate DA, Serial number 15935. A beautiful example with a Rarity-10 rating by Fricke (less than 50 known). Most are low grade, but Pierre Fricke observes this is the second finest known. The finest, PCGS Choice About New 55, serial number 15936, was sold in our 2014 CSNS Signature Sale for $7,931. An old penciled collector notation is on the back right edge: "B109-R7-THI." Well margined on all sides and only modestly handled. This is a fascinating major variant in exceptional condition. Ex: Eric P. Newman Numismatic Education Society Realized $3760.00. Newman VII (Heritage Auctions, 10/2015), lot 18780. Description courtesy of Heritage Auctions.
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- Confederate States of America - T18 $20 1861 PF-5, Cr. 109. PCGS About New 50. The T18 $20 is one of the most common 1861 Confederate types, but its numerous varieties make it an interesting Hoyer & Ludwig series. There are many different counterfeit styles known, some well-made and close approximations. The inverted lower right "XX" counter, PF-5, Cr. 109, note is one of the major error varieties in the Confederate series.. The standard design, with a clipper ship at the top center and a sailor at the capstan at the lower left. The right end panel has a "20" die at top, obligation in the center, and "XX" at the bottom right, inverted on this variety. Plate DA, Serial number 15935. A beautiful example with a Rarity-10 rating by Fricke (less than 50 known). Most are low grade, but Pierre Fricke observes this is the second finest known. The finest, PCGS Choice About New 55, serial number 15936, was sold in our 2014 CSNS Signature Sale for $7,931. An old penciled collector notation is on the back right edge: "B109-R7-THI." Well margined on all sides and only modestly handled. This is a fascinating major variant in exceptional condition. Ex: Eric P. Newman Numismatic Education Society Realized $3760.00. Newman VII (Heritage Auctions, 10/2015), lot 18780. Description courtesy of Heritage Auctions.
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- Confederate States of America - T17 1861 $20 PF-2, Cr. UNL. PCGS Very Fine 30. The T17 $20 note was the first issued from the September 2, 1861-dated notes authorized by the Act of August 19, 1861. Lithographed by Hoyer & Ludwig, Richmond VA. The vignettes are adaptations from the Danforth, Wright & Co. engraved notes, a common practice by the printer. In a cartouche formed by the title, Ceres is flanked by Commerce, at left and Navigation, at right. Liberty, standing at the left, carries a capped liberty pole while also wearing the pileus. An especially ornate green tint crosses the note and "20" and TWENTY protectors are outlined within at the bottom. This is the wider tint, PF-2 variety, that was unlisted in Criswell. The handwritten serial number is 3026. Although not a rare type, it is popular, and this example has superior eye appeal for the technical grade. Honest circulation and fold wear are seen more from the blank back. The vibrant green color brings out the excellent printing clarity and the note is widely framed on all sides, with the top and bottom remarkably broad. Another premium quality type note from this impressive Newman Collection set. Ex: Eric P. Newman Numismatic Education Society Realized $1645.00. Newman VII (Heritage Auctions, 10/2015), lot 18779. Description courtesy of Heritage Auctions.
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- Confederate States of America - T17 1861 $20 PF-2, Cr. UNL. PCGS Very Fine 30. The T17 $20 note was the first issued from the September 2, 1861-dated notes authorized by the Act of August 19, 1861. Lithographed by Hoyer & Ludwig, Richmond VA. The vignettes are adaptations from the Danforth, Wright & Co. engraved notes, a common practice by the printer. In a cartouche formed by the title, Ceres is flanked by Commerce, at left and Navigation, at right. Liberty, standing at the left, carries a capped liberty pole while also wearing the pileus. An especially ornate green tint crosses the note and "20" and TWENTY protectors are outlined within at the bottom. This is the wider tint, PF-2 variety, that was unlisted in Criswell. The handwritten serial number is 3026. Although not a rare type, it is popular, and this example has superior eye appeal for the technical grade. Honest circulation and fold wear are seen more from the blank back. The vibrant green color brings out the excellent printing clarity and the note is widely framed on all sides, with the top and bottom remarkably broad. Another premium quality type note from this impressive Newman Collection set. Ex: Eric P. Newman Numismatic Education Society Realized $1645.00. Newman VII (Heritage Auctions, 10/2015), lot 18779. Description courtesy of Heritage Auctions.
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- Confederate States of America - T15 1861 $50 PF-1, Cr. 79. PCGS About New 53PPQ. The Newman Collection T15 $50 note is an exceptional example and one of the finest known. This type and intaglio engraved series has been coveted by collectors due its extraordinary grace and rarity. The highest denomination $50 is extremely difficult to encounter in uncancelled high grades. Many of the T15 notes existing are hammer cut cancelled or have cut-out cancels on the bottom edge. This remarkable note has the eye appeal of a Gem Uncirculated piece, and it is a classic rarity. Engraved and printed by the Southern Bank Note Company, New-Orleans (the printer of $100-$50 T5-T6 notes) on thick bond paper with color threads. Most of the 14,860 issued were well used, cancelled or destroyed. The vignette dies are all from the classic 1850s Rawdon, Wright, Hatch & Edson catalog. Slightly left of center at the top, a train and the sidewheel steamer in the background travel west. At the lower left, Hope (though she is traditionally described in Confederate references as Ceres) gazes upward. She holds a cornucopia and leans on an anchor. A tall vignette of Justice under an arced FIFTY is at the right. The Gothic title is across, and the vermillion guilloche across bottom center is capped at each end with outlined hexagonal "L" dies. This is plate A, as all are, and serial number 421. The margins are complete all around the note and only get razor close at the far lower right. The paper integrity is remarkable, and minor handling is seen from the back only. The vermillion color is vibrant and contrasts with the excellent inking of the black printing. There are no serial number runs of uncancelled, About New notes known like Manouvriers. This is worthy of achieving a realization well in excess of perceived auction trends and published catalog values. Ex: Eric P. Newman Numismatic Education Society Realized $21150.00. Newman VII (Heritage Auctions, 10/2015), lot 18778. Description courtesy of Heritage Auctions.
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- Confederate States of America - T15 1861 $50 PF-1, Cr. 79. PCGS About New 53PPQ. The Newman Collection T15 $50 note is an exceptional example and one of the finest known. This type and intaglio engraved series has been coveted by collectors due its extraordinary grace and rarity. The highest denomination $50 is extremely difficult to encounter in uncancelled high grades. Many of the T15 notes existing are hammer cut cancelled or have cut-out cancels on the bottom edge. This remarkable note has the eye appeal of a Gem Uncirculated piece, and it is a classic rarity. Engraved and printed by the Southern Bank Note Company, New-Orleans (the printer of $100-$50 T5-T6 notes) on thick bond paper with color threads. Most of the 14,860 issued were well used, cancelled or destroyed. The vignette dies are all from the classic 1850s Rawdon, Wright, Hatch & Edson catalog. Slightly left of center at the top, a train and the sidewheel steamer in the background travel west. At the lower left, Hope (though she is traditionally described in Confederate references as Ceres) gazes upward. She holds a cornucopia and leans on an anchor. A tall vignette of Justice under an arced FIFTY is at the right. The Gothic title is across, and the vermillion guilloche across bottom center is capped at each end with outlined hexagonal "L" dies. This is plate A, as all are, and serial number 421. The margins are complete all around the note and only get razor close at the far lower right. The paper integrity is remarkable, and minor handling is seen from the back only. The vermillion color is vibrant and contrasts with the excellent inking of the black printing. There are no serial number runs of uncancelled, About New notes known like Manouvriers. This is worthy of achieving a realization well in excess of perceived auction trends and published catalog values. Ex: Eric P. Newman Numismatic Education Society Realized $21150.00. Newman VII (Heritage Auctions, 10/2015), lot 18778. Description courtesy of Heritage Auctions.
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- Confederate States of America - T12 1861 $5 PF-1, Cr. 48. PCGS Choice About New 55. The hand-dated July 25, 1861 $5 notes are a distinctive and rare Confederate series. They have a unique character compared to all other Confederate type notes. Printed by Jules Manouvrier in New Orleans on four-subject plates with blue backs, the first usage of that security device on a Confederate note. Manouvrier's contract for the notes from Memminger's office was due to expediency rather than choice. The Southern Bank Note Company, with its high-quality intaglio technology, was not cable of printing nearly 4,000 sheets of $5 notes quickly nor the $10 notes that are unknown today. Though catalogers over the years have discussed the disturbed shipment to Richmond of the finished notes, few have discussed the blue printed back's other use. Manouvrier printed a series of wartime lithographed notes for the Bank of Whitfeld, Georgia and reused the plate on the back of the $5 notes from that issuer. Manouvrier notes, like other elite Confederate types, often have fascinating lore. The four-note set of Manouvrier notes given to General Sherman as an official gift at his retirement in 1883 were procured by Raphael Thian. Over a century later, those four T12 notes were sold in 1987 at the Ball-Richmond auction cataloged by NASCA. Like this example, they fell in the known range of essentially new notes from serial number 1755-1785. The face design has no vignettes. The titles, location and payable are across, and the note was to be signed at the bottom by the Register and Treasurer. The top and bottom frames have outlined obligation text. There are two upper corner counters and a perpendicular FIVE inside the end panel. The blue printed back shows CONFEDERATE STATES/OF/AMERICA and a "V" counter in each corner. Plate H and serial number 1777. The note never entered circulation, but exhibits handling on the center and right. The face has clear, even margins on all sides. The back is vibrant for the type, though just very slightly askew and close at the right. This is an essential Confederate single note type with a commendable pedigree and in top condition. Ex: Eric P. Newman Numismatic Education Society Realized $9400.00. Newman VII (Heritage Auctions, 10/2015), lot 18777. Description courtesy of Heritage Auctions.
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- Confederate States of America - T12 1861 $5 PF-1, Cr. 48. PCGS Choice About New 55. The hand-dated July 25, 1861 $5 notes are a distinctive and rare Confederate series. They have a unique character compared to all other Confederate type notes. Printed by Jules Manouvrier in New Orleans on four-subject plates with blue backs, the first usage of that security device on a Confederate note. Manouvrier's contract for the notes from Memminger's office was due to expediency rather than choice. The Southern Bank Note Company, with its high-quality intaglio technology, was not cable of printing nearly 4,000 sheets of $5 notes quickly nor the $10 notes that are unknown today. Though catalogers over the years have discussed the disturbed shipment to Richmond of the finished notes, few have discussed the blue printed back's other use. Manouvrier printed a series of wartime lithographed notes for the Bank of Whitfeld, Georgia and reused the plate on the back of the $5 notes from that issuer. Manouvrier notes, like other elite Confederate types, often have fascinating lore. The four-note set of Manouvrier notes given to General Sherman as an official gift at his retirement in 1883 were procured by Raphael Thian. Over a century later, those four T12 notes were sold in 1987 at the Ball-Richmond auction cataloged by NASCA. Like this example, they fell in the known range of essentially new notes from serial number 1755-1785. The face design has no vignettes. The titles, location and payable are across, and the note was to be signed at the bottom by the Register and Treasurer. The top and bottom frames have outlined obligation text. There are two upper corner counters and a perpendicular FIVE inside the end panel. The blue printed back shows CONFEDERATE STATES/OF/AMERICA and a "V" counter in each corner. Plate H and serial number 1777. The note never entered circulation, but exhibits handling on the center and right. The face has clear, even margins on all sides. The back is vibrant for the type, though just very slightly askew and close at the right. This is an essential Confederate single note type with a commendable pedigree and in top condition. Ex: Eric P. Newman Numismatic Education Society Realized $9400.00. Newman VII (Heritage Auctions, 10/2015), lot 18777. Description courtesy of Heritage Auctions.
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- Confederate States of America - T11 1861 $5 PF-4, Cr. 44. PCGS Very Fine 25 Apparent. This is an attractive example of the lowest denomination from the July 25, 1861 issue and is non-interest bearing. Only thick bond paper, prone to develop splits and nicks quickly, was used for this type. As the first $5 note issued by the Confederacy, it was immediately required for commerce, and high-grade notes from the approximately 73,000 printed are very rare. The attractive Hoyer & Ludwig lithographed design complements the Type 10. The vignette under the arced CONFEDERATE is similar to that on the $5 denomination, with seated Liberty and an eagle. Instead of a shield showing the Confederate flag, a large "5" counter is in front of them, and shipping containers are around. At lower left, a sailor is shown at a wharf. As he leans on a capstan, he gestures toward Liberty. As discussed, the vignettes are adapted from Rawdon, Wright, Hatch & Edson engraved scenes. Difficult to obtain in this grade or finer. We recently sold a J. Wayne Hilton pedigreed note graded PCGS Very Fine 25 Apparent for $3,525 in our April 2015 CSNS Signature sale. Several auction records for similar notes in prior years have exceeded that. Noted with not readily seen "Small Edge and Internal Tears." Well framed and bright. A superior note boasting natural paper integrity, devoid of restorations and ideal for a quality complete type set. Ex: Eric P. Newman Numismatic Education Society Realized $3055.00. Newman VII (Heritage Auctions, 10/2015), lot 18776. Description courtesy of Heritage Auctions.