||Franklin, LA � Marcus Walker 25 Cents May 1862. PCGS About New 53PPQ. Collectors familiar with Louisiana Civil War currency will recognize immediately that this might be the finest known note encountered from the issuer. Once rare, a small pile of notes from the issuer appeared in the early 1980s at a coin shop in New York City. Nearly all had edge disintegration around the perimeter to some degree: tears, faults, and other maladies that often befell such currencies used in humid climates like Louisiana. Despite that, the notes were popularly sold as the historical artifacts they are and reside in many collections today. Printed on thick white paper by Jules Manouvrier. A steamboat is at the top over the title. Denominations appear on the shaded ends. A vibrant blue vignette overprint along the bottom shows an eagle in the foreground of a harbor view. This is the finest we have seen of a formerly rare note and deserves strong consideration due to its grade and overall exceptional eye appeal. Ex: Eric P. Newman Numismatic Education Society.
From Newman X (Heritage Auctions, November 2018), lot 20117, realized $840.