Watch List notes:

CSA, T-25, $10, September 2, 1861, Cr-237, PF-1. No. 25585. D. Negro picking cotton. Boat on river, right. Dog, key and chest, below. VF-EF details. Two pin holes that at first glance are not distracting. Boldly printed, with nearly complete margins..

Estimate: $250-350