T-15. Confederate Currency. 1861 $50. PMG Choice Very Fine 35 EPQ.No. 11227, Plate A. Type 15 is one of the most popular types in Confederate Currency collecting and is part of the popular Southern Bank Note Company series. These were high quality notes printed by engraved steel plates on thick red fiber paper. The design features Ceres, goddess of agriculture at left and Justice holding a sword and scales at right. A steam powered passenger train chugs past a waterfront in the central vignette. A bold vermillion tinted protector is centered near the bottom. This type is rare in uncancelled grades above Fine. This example is truly exceptional for the type as it comes fully framed on uncancelled paper that displays just light traces of circulation. The printed inks are bold and the handwritten issuing signatures are darkly penned. Making this note even more interesting is a red validation stamp "91262" at top center. It is believed these stamps represented that a note had been verified as genuine on the date of the stamp, in this case September 12, 1862. The penned signature of a William B Hamilton is found on the back of the note. Further research should be done to determine if this is a military or civilian endorsement. This is the highest grade note PMG has certified to receive and EPQ designation.From The Cleo Collection of Confederate Paper Money.
