T-32. Confederate Currency. 1861 $5. PMG Very Fine 20.

T-32. Confederate Currency. 1861 $5. PMG Very Fine 20. No. 3067. Plate A. Printed in the closing weeks and months of 1861 by Leggett, Keatinge & Ball. The T-32 bears a strong resemblance to the $5 Obsolete issued by the Mechanics Savings Bank of Savannah in 1855 and offers a well-made composition compared to most of the notes issued under the authority of the Confederate States of America. A portrait of a young boy may be seen at left below a rounded "V" denomination counter opposite a depiction of a blacksmith wielding the implements of his trade at right. This particular specimen comes printed on plain paper absent the presence of any fibers and features a rudimentary orange underprint similar to what was favored by the Southern Bank Note Company on issues such as the T-15, T-19, T-22, and T-31 before New Orleans fell to Union forces in May 1862. The underprint on this specimen does show some signs of oxidation, but good color is retained throughout lending this note a strong degree of eye appeal for the grade assigned that should readily appeal to collectors. Estimate: $800 - $1,200. Click here for certification details from PMG.

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