Watch List notes:

CSA, T-19, $20, September 2, 1861, Cr-137, PF-2. No. 6234. A. Red orange underprint. Minerva, left. Navigation seated by a globe, center. Blacksmith, right. Another of the beautiful designs printed by the Southern Bank Note Company. At first glance, this note appears to be a picture perfect Fine, but closer inspection reveals cut cancels that have been very skillfully repaired. Decent color and full margins; it will look well in any circulated collection of CSA notes..

Estimate: $750-1250