New Orleans, Louisiana. H. Fassmann & Co. March 22, 1862. 25 Cents. PCGS Currency Choice About New 55 PPQ.Mar. 22, 1862. Steam powered train in oval at top center. 25 CENTS 25 from top to bottom in panel at left end. TWENTY-FIVE CENTS in panel at right end. Large 25 counters at either side of central vignette. Bright red 25 CENTS protector centered below issuer title. Boldly signed and numbered. A really crisp note that shows bright paper surfaces and vivid inks. Fassmann ran a cotton press in New Orleans. A gorgeous high-grade example of this rare Louisiana scrip note that is the nicest we have seen. We first sold this same note for $1,410 in our Winter 2014 Baltimore sale.
