The currency team at Stack's Bowers Galleries is pleased tooffer a wonderful collection of Confederate paper money in ourOfficial Currency Auction of the Whitman Coin and CollectiblesWinter Expo this November. The Cabarrus Collection was assembledby a private collector over the course of nearly a decade andfeatures a number of rare and highly desirable type notesincluding the "Big Six" notes vigorously sought bycollectors.

More than 70 lots from the Cabarrus Collection will befeatured and among the highlights are the four Montgomery issues.The T-1 1861 $1000 from the collection is a moderately circulatedand well cut note graded Apparent Very Fine 30 by PCGS withrepaired cross-cut cancellations (lot 10129). It is estimated tosell for $25,000 to $35,000. The collection's T-2 1861 $500 is abrilliantly colored note that displays just light circulation andbold inks (lot 10130). PCGS has graded the note Apparent VeryFine 30 with mention of restored punch cancellations and redrawnareas of the design. This example also carries a pre-auctionestimate of $25,000 to $35,000.

Collectors will be drawn to the T-3 1861 $100 that displaysbeautifully printed inks and bright clean paper (lot 10131). Thatnote is graded PCGS Apparent Very Fine 35 with mention of smallrepairs at the center of the note. It is expected to sell for$15,000 to $25,000. A nearly uncirculated T-4 1861 $50 will alsobe offered (lot 10132). The lightly handled and boldly colored$50 has been graded Apparent About New 50 by PCGS with mention ofrepair in the upper right corner that has proven extremelydifficult to detect. That note carries a $15,000 to $20,000estimate.

Among other rare types is the T-27 1861 $10 (lot 10173). Theexample from the Cabarrus Collection is boldly printed on brightpaper and has been graded Very Fine 30 Net "Repaired" by PMG. Ithas two cut cancellations which are closed by archival tape onthe back. The note is a scarce PF-2 variety from the A11 plate.It carries a pre-auction estimate of $8,000 to $12,000.

Confederate currency enthusiasts will also be interested inthe rare T-35 1861 $5 Indian Princess (lot 10183). The note comesnicely printed for the type with bold details. PCGS has gradedthe note Apparent Very Fine 25 with mention of restorations onback. Those restorations are fairly minor and appear to negateout mounting remnants. The note is estimated at $20,000 to$30,000.

The many great notes found in the Cabarrus Collection will beavailable online for viewing and bidding soon. The Stack's BowersGalleries Official Currency Auction of the Whitman Coin &Collectibles Winter Expo will be held November 2-4, 2016, at theBaltimore Convention Center in Baltimore, Maryland.

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Cabarrus Collection of Confederate Paper Money to be Offered inStack's Bowers November Baltimore Auction(www.stacksbowers.com/News/Pages/Blogs.aspx?ArticleID=2274)