Stack's Bowers Galleries

Winter 2022 Showcase Auction  –  27 October - 4 November 2022

Stack's Bowers Galleries, Winter 2022 Showcase Auction

U.S. Coins and Currency

Part 1: Th, 27.10.2022, from 6:00 PM CEST
Part 2: Fr, 28.10.2022, from 6:00 PM CEST
Part 3: Tu, 01.11.2022, from 5:00 PM CET
Part 4: Tu, 01.11.2022, from 10:00 PM CET
Part 5: Tu, 01.11.2022, from 11:00 PM CET
Part 6: We, 02.11.2022, from 4:00 PM CET
Part 7: We, 02.11.2022, from 9:00 PM CET
Part 8: Th, 03.11.2022, from 5:00 PM CET
Part 9: Th, 03.11.2022, from 10:00 PM CET
Part 10: Fr, 04.11.2022, from 6:00 PM CET
Part 11: Fr, 04.11.2022, from 11:00 PM CET
The auction is closed.

Description

Unionville, South Carolina. Cotton Planters Loan Association. 1862 $50. PMG Choice Uncirculated 63.

(Sheheen 1102) Plate C. May 15, 1862. Imprint of F.W. Bornemann. Charleston S.C. Cotton Planters Loan Association of the Fifth Congressional District of South Carolina. Field hands at work top center. Calhoun at right. This note was secured by cotton and private property of the shareholders and promised that it was "Redeemable in Gold within Six Months after the Raising of the Blockade of our Coast." Between 1862 and 1864 the price of cotton skyrocketed thirtyfold. Printed on the backs of an 1855 railroad bond. PMG notes "Previously Mounted," but still quite scarce at this grade level.

Estimate: $1000.00-$1500.00

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Bidding

Price realized --
Starting price 600 USD
Estimate 1'000 USD
The auction is closed.
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