HERITAGE: CONFEDERATE CURRENCY AT FUN 2025

Our Confederate rarities. Many of these pieces have been off the market for years or even decades, being tightly held by serious collectors. This impressive grouping includes multiple sets of the renowned Montgomery issues, as well as many other rare types, such as the T19 and T35. Good quality, scarcer Confederates are only becoming more elusive as collectors snatch them up for record-setting prices. Let's delve into a small selection of the remarkable types we have available for acquisition at this auction.

T1 $1,000 1861 PMG Choice Very Fine 35

T2 $500 1861 PF-1 Cr. 2 PCGS Very Fine 35PPQ

Military Endorsement "T(homas) G. Williams Capt. & C(ommissary) S(ubsistence)"
T3 $100 1861 PF-2 Cr. 3 PMG About Uncirculated 53 EPQ

Military Endorsement "Thomas K. Jackson Capt CSA"
T4 $50 1861 PF-2 Cr. 4 PCGS Extremely Fine 45PPQ

Of course, our auction would not be complete without a set of Montgomery notes. These first four types in the 72-type series of Confederate Treasury Notes are the quintessential notes for the serious collector striving to finish a full typeset. Authorized by the Act of March 9, 1861, the Montgomery series was issued before the Confederate government moved from Montgomery, Alabama to Richmond, Virginia. A total of $1,000,000 worth of these high denomination pieces was authorized for circulation. The set of four above comes to us from the landmark Charlton Buckley Collection. Buckley amassed a sizeable arrangement of some of the scarcest notes available across all categories of paper money collecting, and these four examples were no doubt the crown jewels of his Confederate holdings. They feature intricate green lathework which was the result of Cyrus Durand's invention of the geometric lathe. In addition to Buckley's set, we also are pleased to offer another set of the Types 1 through 4, which come to us from The Confederate Treasury Collection. Montgomery notes of this caliber are unlikely to appear again anytime soon.

T19 $20 1861 PF-1 Cr. 137 PCGS Very Fine 30

Both the Charlton Buckley and Confederate Treasury Collections each contain an example of the coveted T19 $20. This type is, in my opinion, one of the prettiest produced by the Southern Bank Note Co., which was the New Orleans branch of the American Bank Note Company. The use of red-orange overprints highlights the vignettes which are present on the face. All three vignettes were also utilized on numerous Obsolete Notes of the era. Buckley's example is unique in that it is the note plated in Pierre Fricke's 2008 and 2014 books. The Confederate Treasury Collection's piece features magnificent color for the type, with bright white paper. Both are nearly fully framed and possess the key characteristics of being true VF notes.

T35 $5 1861 PF-1 Cr. 271 PMG Very Fine 25

The most iconic of the types produced by Hoyer & Ludwig, the T35 $5, also known as the Indian Princess note, is one of the types that many collectors (myself included) dream of obtaining. For reasons lost to time and history, the Confederate Treasury pulled the plug on production for this type and its sheet mate, the T27 $10, after just eleven days in printing. This meant that only 7,160 pieces were issued. The iconic vignette of a Native American maiden traveling through the forest is featured at right. Again, both the Charlton Buckley and Confederate Treasury Collections boasted examples of this type. Buckley's note traces its provenance back to The Eric P. Newman Collection, and it is impairment free, an extraordinary feat for a T35. The Confederate Treasury Collection's note is characterized by wonderful eye appeal for the assigned grade, in addition to extremely bold signatures. It will be a challenge to acquire either piece, and potential buyers will have to bid aggressively to own one of the most popular types available.

T18 $20 1861 PF-7 Cr. 107 Uncut Sheet of Eight PMG About Uncirculated 55 Net

T44 $1 1862 PF-2 Cr. 340 Uncut Sheet of Eight PMG Very Fine 30

Yet one more curiosity that we are delighted to offer in this auction is a batch of uncut sheets of Confederate notes. Above are two selections from this grouping that originate from the Confederate Treasury Collection. Sheets of T18s, T20s, T44s, T68s, T69s, and T72s, as well as a sheet of T69 backs, are soon to be auctioned. These are becoming increasingly difficult to purchase as both dealers and collectors cut them up to make more single notes accessible. The above T18 sheet attains its rarity from its condition. Broad selvage reveals the last name of "Altschu" at upper center. Paper quality is superb and, save for trivial ink burn in a couple of the signatures, the EPQ designation from PMG might have been earned. The T44 sheet is also a great rarity; in fact, we have not offered a T44 sheet since September 2018. All eight notes on the sheet are boldly signed. We hope you have enjoyed this walkthrough of just a small portion of what we are offering in our upcoming January 2025 FUN Signature auction. Be sure to check out our auction page for a full list of items. There are many more unprecedented rarities that will surely attract quite an audience!

	NBS (coinbooks.org) Web