Watch List notes:

Arkansas. Arkansas Treasury Warrant $1, 1862, Like Cr-30C, No. 3910. State arms, left. Jefferson Davis, center. Safe below. "On War Bond." J. D. Butler imprint. "CHILDS N. O." in bottom left margin. Green "ARKANSAS TREASURY WARRANT" on back. Grey paper. Fine. Mounting remnants in the top corners. Nearly complete borders. "Very Rare" according to Shull..

Estimate: $100-150