T-37. Confederate Currency. 1861 $5. PCGS Currency Extremely Fine 45. No. 39045. Plate 4. PF-2. Cr. 285. Printed by Blanton Duncan. Although technically 90% fully framed, this is one of the best margined T-37 notes that you are likely to find. Couple that with the fact that this is a lightly circulated example, and you are left with a truly wonderful note. In our last sale we sold a lower-end AU example, with smaller margins, for over $1,500. Your cataloger would not be the least bit surprised if the present offering would land squarely within our estimate range.
