||Red Bud, IL - J. & W. Brickey Change Check 10 Cents in U.S. Treasury Notes Dec. 1, 1862. PCGS Very Fine 20 Apparent. Private scrip notes are a diverse subset of Obsolete currency. This very rare Red Bud (city located in southern Illinois) note has several interesting nuances that add to its character. At top center is a store building. The ends and bottom center protector "10" are in green. Above the vignette is the obligation "ISSUED UNDER THE LAW OF NECESSITY." Designated as Apparent, but only due to "Small Edge Splits and Tears". This is a very rare location and style. Ex: Eric P. Newman Numismatic Education Society.
Realized $1,292.50. Newman VI (Heritage Auctions, 4/2015), lot 19052. Description courtesy of Heritage Auctions.