Selma, Alabama. Town Council of Selma. Aug. 20, 1838. 25 Cents. PMG Fine 12 Net. Repaired and Reconstructed.;(Rosene 301-1). An early Selma municipal issue. Low serial number 12. The right end of the note has been restored. Appearances, at auction or otherwise, are rare at best. Dr. Jones had a 50 Cent note in VF condition that realized over $600 back in 2001.