||Jackson, MS - State of Mississippi $3 Sept. 1, 1870 Cr. 51 Kraus 56827. PCGS Very Fine 30. This is a popular Reconstruction period State of Mississippi note engraved and printed by the Continental Bank Note Co., a later and less often seen imprint for Obsoletes and several municipal series. A very bold green color frame is all around, with filigree details and protector THREE across. At the top center is a paddlewheel steamer, sailing on rough seas. At the left is Henry Musgrove, Auditor, whose signature is engraved to the left of the plate. At the right is an eagle in the Federal note style. The intricate green color back shows the State House in the central oval, flanked by large "3" dies. This is a handsome example and not large Hole Punch Cancelled as are 95% of these notes. This is rarely seen without the unsightly large hole through the vignette and desirable as such. Ex: Eric P. Newman Numismatic Education Society.
Realized $587.50. Newman VI (Heritage Auctions, 4/2015), lot 19200. Description courtesy of Heritage Auctions.