T-11. Confederate Currency. 1861 $5. PMG Very Fine 20 Net. Repaired, Piece Added.No. 6536, Plate Bb. PF-4. An attractive example of this scarce Hoyer & Ludwig printed $5 type that comes printed on thick bond paper. T-11 typically comes heavily circulated and nice mid-grade examples are difficult to locate. This note displays boldly printed design elements on bright paper that circulated only moderately. PMG comments "Repaired; Piece added." The eye appeal of this note is exceptional despite the Net grade. It has been three years since we have sold a decent T-11, and that note was a PMG Very Fine 25 Net that topped $2,000.