 State of North Carolina. $3.00. Raleigh. 'May 1, 1861'. Printed on frail bond paper. 141mm by 61mm. Typeset issue. At the top, city and date and in the centers the title. Upper left corner '3' in frame and at the upper right 'NC' in frame. Large, ornate '3' at the right end. Far right panel with obligation. Payable '...Before May 1, 1866'. Cr.86G. Rated by Criswell as ''Extremely Rare''. Signed at the left and issued. No.1277.
An extremely rare issue and the first we have handled. We could not find any offerings of this note or series after canvassing many sales of State Note collections. Clearly an advanced note for the North Carolina specialist. An intact note that is well printed. A mended tear at the right end and two small edge nicks that are also mended. Some minor pinholes at the lower left. For this type of paper, nearly Very Fine. Subtly, a spectacular North Carolina note.
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