T-46 PF-1 1862 $10 Confederate Paper Money - PMG Very Fine 30 - CHOICE!
T-46 PF-1 1862 $10 Confederate Paper Money - PMG Very Fine 30 - CHOICE!


$349.0 Buy It Now or Best Offer
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Seller Store armynova
(8624) 100.0%,

Location: San Antonio, Texas
Ships to: US,
Item: 386882343488

Return shipping will be paid by:Seller
All returns accepted:Returns Accepted
Item must be returned within:30 Days
Refund will be given as:Money Back
Circulated/Uncirculated:Circulated
Denomination:$10
Type:Confederate Currency
Grade:30
Grade Designation:CHOICE – Gold
Item Type:T-46
Country/Region of Manufacture:United States
Modified Item:No
Certification:PMG
Date:September 2, 1862

T-46 PF-1 1862 $10.00 CSA Currency. Ceres resting on cotton bales. R.M.T. Hunter to the right. Error terms clause with “Six Month”. Serial number 57109. Plen P. PMG Very Fine 30. Old time annotation penciled on the back not mentioned on the holder and a non-issue. Excellent color and fully framed. Comes with a gold CHOICE sticker indicating a choice for the grade PMG 30 note. Rare to find choice for the grade. Genuine. This note is correctly part of the Third Series. However, it was placed here in type numerical order to make it easier to find in this book. This was another regular issue Confederate note with the wrong date of September 2, 1862. Unlike T-38 and T-42, this one was not corrected. It was printed by Hoyer & Ludwig, who were doing early September 2, 1861 notes, and were replaced by other printers in 1862 on Third Series September 2, 1861 issues. This note may well have been the basis for the fantasy XX-2 (formerly T-47) and XX-3 (formerly T-48) notes, due to its similar design. The center of the note features a figure of a female that is Ceres, the Goddess of Agriculture. She is sitting on a barrel leaning on a bale of cotton. The lower right corner has R. M. T. Hunter, who was the Secretary of State of the Confederacy in 1861. This note was payable six months after the ratification of a treaty of peace between the Confederate States and the United States.A note about 3rd party grading. PCGS and PMG do a good job putting a floor on quality within a grade range and have become proficient in detecting repairs (though occasionally they miss something, or see something that is not there, as we all can).Notes housed in Net or Apparent holders have a wide range of quality from very nice (in rare cases may be nearly choice) to dogs with major problems, so each needs to be evaluated on their own. However, PMG and PCGS focus on technical grading due to circulation and damage and do not have a mechanism for evaluating condition or eye appeal – whether a note is average, better than average, choice or gem for the grade based on its color, trim and margins. The exception to this are slabbed notes of New or Uncirculated grades to some degree. This is important as Very Fine, Extremely Fine or AU notes can have a wide range of values depending on these factors not reflected in the slab grade. A fully framed Confederate or obsolete note is worth considerably to a lot more than one that is trimmed into the margin for the same grade. Likewise, color is important. These factors can affect the value of a note by 50%, 2-1 or even 3-1, e.g., an AU 58 (PPQ or not) T-20 1861 $20 CSA note trimmed into the margin is worth between $150 and $300. The same grade, AU 58 (PPQ or not), with a full frame and good color/inking is worth something like $500 to $1000 depending on eye appeal. I will continue to use the terms plus for above average, choice and gem to mean varying degrees of superiority of condition and eye appeal of a note within a grade as documented in my book which is based on what collectors seek out and pay premiums for. In coins, we’ve seen the third party graders add things like full bell lines, full head, full bands which reflected the market. I’d expect either the grading services or another party to do the same for paper money. If you are just buying the number on the holder for the best price, you may well be buying low end notes for the grade! Pierre Fricke. Immediate Past President of the Society of Paper Money Collectors; Professional Numismatists Guild (PNG); Professional Currency Dealers Association (PCDA); ANA, EAC, etc… BuyVintageMoney. Author of the standard guide book to Confederate money – Collecting Confederate Money Field Edition 2014. Free shipping and insurance. eBay has announced that it will start to collect sales tax on behalf of sellers for items shipped to customers in Alabama (Jul 1), Connecticut (Apr 1), Iowa (Feb 1), Minnesota (Jan 1), New Jersey (May 1), Oklahoma (Jul 1), Pennsylvania (Jul 1), and Washington (Jan 1). Additional states are being added like Idaho and more than 20 others. This is the new internet tax out of the US Supreme Court Wayfair decision. Buyers are responsible for paying this sales tax. See eBay information for list of states eBay charges this tax payable by buyers to eBay as part of eBay invoices — https://www.ebay.com/help/selling/fees-credits-invoices/taxes-import-charges?id=4121#section4

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