||New Orleans, LA - H. Fassmann & Co. 25 Cents Mar. 22, 1862. PCGS Extremely Fine 45 Apparent. There are at least two series from this issuer. Printed on white paper without imprint. A train is in an oval at top center. Ornate ends show the denomination in differing styles. A red 25 CENTS is across. Noted with "Small Repairs in Right Corners; Mounting Remnants." Scarce. Ex: Eric P. Newman Numismatic Education Society, Heritage Auctions Internet Sale (5/2017).
(Description courtesy of Heritage Auctions, ha.com.) Realized $211.50.