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Paper Money: US
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Confederate Currency
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T-33 PF-8 $5 Confederate Paper Money
Rare CSA Block Letter watermarked paper
| Start Price |
USD 479.00 |
| Current Price |
USD 479.00 |
| Time Left |
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| Bid Count |
0 |
| Buy It Now Price |
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| Reserve Price |
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| Start Time |
Saturday, July 19, 2008 |
| End Time |
Saturday, July 26, 2008 |
| Location |
Atlanta, Georgia |
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See more about 'T-33 PF-8 $5 Confederate Paper Money'
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Description
T-33 PF-8 $5 CSA Currency. C.G. Memminger in the center. Minerva, right. Issued from March 13, 1862 through June 19, 1862. Keatinge & Ball engravers to the left (name reads from top left towards the bottom – facing out). Printed on paper watermarked “CSA” in block letters (vertically). Blue-green. Plen I. Serial number 33047. Rarity 10 (Rare 21-50 estimated survivors) in my 2008 Confederate Paper Money book (available by the end of the month). The CSA block letter paper was imported from England. Some of the first shipments were captured by the Union blockade (and used later on Union paper money). Since only a small quantity made it through at first, T-33s are really rare printed on this paper. Most of these survivors are VG or less. This one in tied for third finest known with three others. Very Good to Fine. Has the body of a Fine, but for three hard-to-see, small edge splits closed with old time tape. Market grader's Very Fine++. This note is one of two of Leggett, Keatinge & Ball’s (later just Keatinge & Ball after Leggett was driven out of the business) high quality $5s printed in 1862. At right is a figure that represents Minerva, the Goddess of War. The bust of Christopher Gustavus Memminger, Secretary of the Treasury, graces the center of this note. Yellow-green or blue-green overprint. Receivable in payment for all dues except export dues and fundable in Confederate States stock bearing 8% interest six months after the ratification of a treaty of peace between the Confederate States and the United States. This type comes on high quality bank note paper of several types – plain as well as watermarked with “FIVE”, CSA in block letters, and the very rare J Whatman watermark. There are a good number of very rare T-33 varieties – all of the CSA block letter paper and all of the Whatman notes. Further, many exhibit a plate state where “Va” at the end of the engraver’s name to the left is worn off the plate and didn’t print on the note (the “No Va” plate states). Finally, there is an error where “receivable” is misspelled “reoeivable” at the bottom of the note. The “FIVE” and “CSA” block letter watermarked versions of this misspelling are great rarities (and unlisted in Criswell despite Dr. Ball having at least one of them in his collection). In general, the Leggett, Keatinge & Ball varieties are tougher than the Keatinge & Ball equivalents, as Leggett left the business fairly early in the printing period for these notes. This type is available in AU to Uncirculated, and they do appear from time to time. But they are rare and are tightly held. This note is generally not easily found in grades above Fine and even true Fines are getting tougher to find. Most offered are VG and many have problems. This note circulated heavily as it was a low denomination note needed for smaller day-to-day purchases. Please see CSA Quotes for more information about grading standards and Confederate Paper Money. Better Attribution, Grading and Value (tm)
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