Lot 2265
1864, $20 Confederate States. Butterfly Error plus Bookends. PCGS Choice New 63. . Fr-CS-67. Imagine our surprise when, as we diligently searched note by note through this historic hoard, we discovered this beauty of an error. Thinking there was simply a corner fold in the upper left corner that was bent over, we reached behind…and pulled up this marvelous Butterfly! Errors of this type on Confederates are scarce but did happen from time to time, but the size and eye-catching appearance of this one makes it one of the most dramatic we have ever seen. The two bookends grade Choice New 63 and 63PPQ respectively, while the error note grades Choice New 63. Grade is almost irrelevant, however, as this note could not likely be replaced in any grade.
Estimated Value $1,000 - 1,500.
Rosewell Bank Hoard.
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