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ALABAMA TERRITORY. Private Scrip Issuer, A. G. Mitchell [?]. 12-1/2 Cents

From Stack's January 2005 Auction, Session 1 on Jan 18, 2005

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Categories  •  Stack's January 2005 The John J. Ford, Jr. Collection, Part VIII Obsolete Currency & Proofs, Private Scrip Notes and Territorial & Western Notes United States Obsolete Bank Notes and Private Scrip by State

ALABAMA TERRITORY. Private Scrip Issuer, A. G. Mitchell [?]. 12-1/2 Cents. Cahaba, 'Alabama, Ter.'....ALABAMA TERRITORY. Private Scrip Issuer, A. G. Mitchell [?]. 12-1/2 Cents. Cahaba, 'Alabama, Ter.'. Written date July 1, '18'19. Printed on sturdy paper by Murray, Draper, Fairman & Co. Typeset design with ornate end panels, The left end with 'TWELVE:1/2 CENTS' and the right end with '12 1/2 CENTS'. The top center with counter using '12 1/2' flanked by 'CENTS' on each side. Payable in 'current notes or silver.' that may have been mined in the area.

Unlisted in Roger Durand's Interesting Notes About Territories. Most importantly, he reports absolutely no notes known at all from the two year Territorial period. We did not know or dream of the existence of such a note until now and to our knowledge this may be the first time a note from this Territory has ever been offered at public auction sale. Not included in the superb Walter Jones Collection auctioned in September, 2001. Also, the series did not appear in the discovery group of early 1822 State of Alabama notes listed in the Criswell reference. A subtle looking rarity, this is sure to generate much enthusiasm among the State's avid collectors and Territorial specialists.

Some light soiling, but a very solid note. In the good old NASCA cataloguing days a ''Very Good,'' but a great rarity such as this can be called Fine with justification. The grade is pointless as this may be irreplaceable and only one resolute collector will get to own this historic Southern Territorial note for perhaps another generation.

Lot # 1236 Session 1
Hammer Price: $24,000.00

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