Confederate States of America. $20.00. X. Richmond. 'September 2, 1861'. Deeper green tint. Printed on script 'N.Y.' watermark paper. Alexander Stephens center, flanked by 'XX' counters. Each end with green color panels. Type 21. Cr.149. No.22697. A difficult variety rated ''extremely rare'' by Criswell. One of the difficulties is finding the watermark itself. Unlike the 'CSA', 'Whatman' and other watermarks used on the CSA series, this is not a translucent one. When held up to the light, it is not visible. However, when placed upon a dark surface and viewing from the back with the light to the side will make the script 'N.Y.' appear in a ''raised'' from the surface fashion. The watermark is fairly tall and is parallel to the length of the note and located in the center. A hole cancel right of center. Crisp and vivid Very Fine.
Ex N.Y.-N.J Auction Sales, September 13, 1958, lot 329.
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