||Jackson, MS - State of Mississippi $100 186_ Cr. 49A Kraus 49612. Remainder. PCGS Very Fine 30. This very scarce, distinctive and colorful State of Mississippi type, known only unissued, was printed by J.T. Paterson & Co., Lithographers & Engravers, Augusta, Ga. on two sides. They were printed in eight subject sheets, plate letter A to H (this is "B" position). The top vignette shows a wide view of Wilmington Harbor, a strategic Civil War position that did not fall until February 1865, cutting off major supply lines to the port for the Confederacy. The Gothic title runs across the center with obligations. Bright orange dies, providing great contrast, are in all corners with white outlined "100" numerals in the upper corners and "C" in the bottom corners. This has an ornate green back with intricate lathe work ONE HUNDRED across; at top center, a subtle vignette shows a steamboat, and at bottom are a mother and child. The notes were not issued and are only seen as unissued remainders. This is a bright and vibrant example that has complete and wide margins, but is a bit unevenly trimmed. We have handled only a few of the finest, from our Judge William Kelly collection in January 2012 with a PCGS Extremely Fine 45 realizing $1,725. Though the technical grade here is lower, the eye appeal and pedigree are considerable. Ex: Eric P. Newman Numismatic Education Society.
Realized $1,116.25. Newman VI (Heritage Auctions, 4/2015), lot 19202. Description courtesy of Heritage Auctions.