 NEW YORK. Private Issuer, payable 'To J.L. Hudgins, Nixburg, Ala.' New York. Dec. 1, 1865. Printed in green on white bond paper. Similar size to the 10¢ First Issue Fractional Currency. At the top, seated Plenty, flanked by counter '10's. Text across the center, 'At Sight pay to the bearer TEN CENTS in United States Postal Currency'. At the lower left 'To J.L. Hudgins/Nixburg, Ala.' Space at the bottom right for 'Accepted'. Imprint of 'R.J. Beck, N.Y.' at bottom left. Unissued and unnumbered remainder note. Unlisted Type and Series in Gordon Harris. An Unlisted Issuer in Rosene under Nixburg (an 1838 era note listed on the town, ex Jones Collection). Not in the Walter Jones Sale by CAA.
An extremely rare note and the first we have seen. Not only is it tied to the well collected State of Alabama, but it is a Post-Civil War date, Reconstruction era note and as such rather unusual. The obligation text is a direct reference to the First Issue Fractional Currency as is the size and color. Trimmed a little tight, with a brown streak at the upper right. Very Fine.
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