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Territory of Florida. Five Dollars

From Stack's May 2005 Atlanta Auction on May 26, 2005

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Categories  •  Stack's May 2005 Atlanta Confederate States of America, Southern States and Territorial Paper Currency, and Related Fiscal Paper and Documents Southern States and Territorial Paper Currency Territory of Florida
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Territory of Florida. Five Dollars. Plate B. Tallahassee. January 16 [written] '18'29. Printed on...Territory of Florida. Five Dollars. Plate B. Tallahassee. January 16 [written] '18'29. Printed on a pinkish laid paper. 123mm by 44mm. Typeset issue. At the top, 'TERRITORY OF FLORIDA' flanked at the left by shaded 'No.' space and to the right '$5' with another serial space underneath. Across the center obligation ''The Territory of Florida promises to pay John Y. Garey or bearer, at/the treasury office, five dollars with interest at six per cent. until paid.'. At the lower left is the city, space for date and to the lower right signature area with engraved 'Treasurer'. No imprint. Criswell T7 (Rarity 10). Cassidy TN-5. Unlisted in Durand Territorial Reference.

Fully signed and issued. No.85. Verso endorsements with interest payments to ''R. Fitzpatrick'. An extremely rare note from a very rare and early series on Florida. The 50¢ note is seen from time to time, but this higher denomination was recognized by Mr. Ford at the Freeman sale as an item worthy of acquisition. The Freeman Collection had one of the finest (if not finest) known 50¢ notes on this series (lot 913). This type not in the Roakes or Sanderson State note collections (both sold at consecutive Memphis Sales by Smythe in 2000 and 2001 respectively. The plate letter 'B' is unlisted. Cut canceled in the right center. Solid and all there. Some tiny edge splits and the cancel repaired on the verso with glassine hinges. For the paper type, Very Fine. An important issue from the Ford Collection.

Ex Harley L. Freeman Collection (RARCOA, May 13-15, 1977, lot 914)

The John Sanderson 50¢ note from this series was sold in the 2001 Memphis Sale (About Uncirculated, serial No.68) for $7,500.00 plus 15%. That note was a few serial numbers from lot 913 of the Freeman Sale (No.61) in nearly the same grade.

Lot # 4320 
Hammer Price: $18,000.00

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