Watch List notes:

CSA, T-11, $5, July 25, 1861, Cr-44. PF-4. No. 37246. Bb. Eagle and shield, center. sailor, left. "for Treasr" printed. Thick paper. Light mounting stains are on the back, and there are some minor edge split and fold junction repairs, otherwise PMG 15 Choice Fine NET. Repaired. While preparing your bidding strategy , please keep this in mind. "Nearly any VG and better T-11 offered today has some repair work; many have major restoration improving them from 'fair' or 'poor.' This restoration has to be taken into account by would be purchasers... minor professional repairs do not hurt a T-11 very much. " (Pierre Fricke, Collecting Confederate Paper Money, Field Edition, 2014). This note has the appearance of a boldly printed Very Fine example, with full borders, sharp signatures, and relatively white paper..

Estimate: $300-500