 Virginia Treasury Note. $50.00. A. Richmond. Aug. 13, '186'1. Red protector grill, upper right counter and upper left obligation boxes. Ceres and Commerce with an urn at the top center, flanked to the right by the red '50' counter. In the upper right a portrait of John Tyler. At the far left in an ornate oval are the Virginia Arms (trampling tyranny). Hoyer & Ludwig, Richmond, VA. Criswell 2. No.1057. A rare and popular series. The note falls in the serial number sequence of several other high grade notes, such as Ford VIII lot 1373 and the Sanderson Collection (Smythe, June 2001 Memphis Sale) notes. In the Smythe Sale, lot 3560 was serial No.1045 and lot 3561 was No.1016 which was only one serial number away from the Ford VIII lot 1373 note. No complete census has been compiled, but we believe less than thirty are known in collections. No folds, but the handling is a bit heavy in a few places with lower left corner fold. Choice About Uncirculated is accurate. The color is sharp and the red bold. Trimmed in slightly at the bottom left just into the margin line near the tip. Some paper remnants on the verso do not affect the face. A lovely example.
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