Feb. 16, 2001, The Benson Collection Part 1, Sale 8

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U.S. Currency

Confederate Notes

Lot 2444 Click on photo for enlarged version
T-29, 1861, $10.00. No major problems. Fine.
Estimated Value $150-200.

Lot 2445 Click on photo for enlarged version
T-29, 1861, $10.00. With an Afro-American picking cotton as the main vignette, this scarce note is true to the economic times of the era. Pleasing Very Fine.
Estimated Value $250-UP.

Lot 2446 Click on photo for enlarged version
T-32, 1861, $5.00. An evenly circulated note with cut cancels. Very Good.
Estimated Value $100-200.

Lot 2447 Click on photo for enlarged version
T-33, 1861, $5.00. Wonderful cut-cancelled example of this well-designed note. Very Fine+.
Estimated Value $225-325.

Lot 2448 Click on photo for enlarged version
T-33, 1861, $5.00. (2) T-33, One note is cut-cancelled and is Fine. The other note is Fine+ and has not been cancelled. (Criswell 253F for you specialists out there).
Estimated Value $250-350.

Lot 2449 Click on photo for enlarged version
T-33, 1861, $5.00. (2) T-33, Both notes are cut-cancelled. One note has some light staining. Fine.
Estimated Value $175-225.

Lot 2450 Click on photo for enlarged version
T-34, 1861, $5.00, Spelling Error. In the last line of the bottom of the note, you will find that someone was having a bad day back in 1861. The word "Receivable" is spelled "Reoeivable". We really do not think that the Confederacy lost the war because of this error, but we are sure it helped. Cut-cancelled. Very Fine.
Estimated Value $125-175.

Lot 2451 Click on photo for enlarged version
T-36, 1861, $5.00 Rare "Third Series". While most of the T-36s are very common, the Confederacy issued a mere 2,289 notes of the rare "Third Series". Plate 15A, Serial number 517. Fine+.
Estimated Value $150-250.

Lot 2452
T-37, 1861, $5.00. Evenly circulated example for the type. All four margins on this note, which is very scarce. Very Fine.
Estimated Value $75-150.

Lot 2453 Click on photo for enlarged version
T-38, 1861 (1862), $2.00, Error Date. While dated "September 2, 1861," through an error, no Confederate notes were authorized for denominations of less than $5.00 in 1861. Approximately 36,000 notes issued. Fine.

According to Criswell "The Duncan printing firm was to print the first $1 and $2 note in June of 1862. None had been authorized until the act of the Confederate congress of April 18th, 1862, when $5,00,000 was authorized. Duncan, assuming that these notes were part of the [September 2, 1861] authorization, has them so dated. Approximately 36,000 pieces were printed before the [error] was noticed by the Treasury and the production stopped. Printing costs being high, and the need being great, these notes were issued error date and all. This is an extremely rare note in condition above fine." .
Estimated Value $200-300.

Lot 2454
T-39, 1862, Trio of $100.00's. 1861. Choice Uncirculated.
Estimated Value $225-275.

Lot 2455
T-41, 1862, $100.00. (2) T-41, both have numerous interest stamps on the back. One of the two carries an advertisement for "Write to J.H. Childrey, 1722 Main St., Richmond, VA for Confederate Money, Stamps, Bonds, Coins &." Uncirculated.
Estimated Value $100-150.

Lot 2456
T-41, 1862, $100.00, "Negroes Hoeing Cotton". Not very rare, but a nice specimen. Choice Uncirculated.
Estimated Value $50-UP.

Lot 2457 Click on photo for enlarged version
CT-41, 1862, $100.00 Contemporary Counterfeit. Criswell CT-41/316A is the exact number for this counterfeit. Extremely Fine.
Estimated Value $50-100.

Lot 2458 Click on photo for enlarged version
T-45, 1862, $1.00. One of the nicest examples of this type we have seen in a long time. The bright dark green overprint is outstanding! Several pinholes. Choice Extremely Fine.
Estimated Value $500-UP.

Lot 2459 Click on photo for enlarged version
T-45, 1862, $1.00. Lovely note with the top of another note as extra paper on the bottom of this specimen. Extremely Fine.
Estimated Value $250-UP.

Lot 2460 Click on photo for enlarged version
T-45, 1862, $1.00. A scarce note in better grades. Fine to Very Fine.
Estimated Value $75-125.

Lot 2461 Click on photo for enlarged version
T-49, 1862, $100.00. Fresh example of this pretty note. Almost Uncirculated.
Estimated Value $225-275.

Lot 2462 Click on photo for enlarged version
T-49, 1862, $100.00. Confederate soldiers left, Lucy Pickens center, and George W. Randolph right. Secretary of the Treasury, Memminger almost lost his job when this note was about to go to press. George W. Randolph, the Secretary of War for the CSA had resigned in a huff and it was to late too exchange another portrait for the note. Extremely Fine.
Estimated Value $175-250.

Lot 2463
T-50, 1862, $50.00. Well-centered, this $50.00 shows a contemporary portrait of Jefferson Davis. Extremely Fine.
Estimated Value $250-350.

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