T-47. Confederate Currency. 1862 $20. PMG Very Fine 25.
No. 7497. Plate N. Like its $10 counterpart, there is little agreement as to what the "T-47" and "T-48" really are. Were they proposed patterns made under the authority of the Confederate Treasury? Were they fantasy issues made after the American Civil War produced and sold at the hands of some nameless entrepreneur? The murkiness surrounding the origins of these pieces has only provoked spirted debate among collectors and among the foremost experts in the field of Confederate currency. Debate will nonetheless continue in the absence of any hard evidence as to the origins of these pieces, but demand has remained consistent owing to the fact that these have frequently been included as part of a 72 note type set. A solid eye appealing example in any respect, this piece is well framed and fully margined unlike many Confederate issues regardless of type or denomination.
Estimate: $4000.00- $6000.00
Price realized | 3'200 USD |
Starting price | 2'400 USD |