Big price for a $100 rare banknote, sold for $4,000 at an auction

There are likely people in the US who have never seen the $100 1861 Confederate States of America Military Endorsement Banknote. Are you new to collecting coins and other small items of history? If so, check out this great example from US history.

This $100 bill was graded by PCGS and is now called Choice Fine-15 Details. It goes without saying that the Montgomery bill is great. It was made on May 15, 1861, which means it is about 163 years old.

Why are these $100 bills historically relevant?

As it turns out, they are historically important because they were made during the Confederacy. In addition to being important in American history, it has a beautiful pattern that says “America.”

“America” (Minerva or Columbia) is standing tall, and there are people on a train in the background. Also, the numbers are very large and have a beautiful pattern. Bowers of Stack’s says that there were about 1,600 $100 Montgomery notes made.

A little more than 150 of these bills have been found. For example, PMG has given about 45 of them grades. Unused bills and bills that have been well taken care of will definitely be the most expensive.

Big price for a $100 rare banknote, sold for $4,000 at an auction

Price at auction of the $100 1861 Montgomery Banknote

The most money that the Professional Coin Grading Services says it was worth at the last sale was $4,440. Also, the National Bank Note Company in New York made and designed this amazing work of art.

The signatures on the $100 bill are neatly written at the bottom. Pay close attention to them. One more thing that stands out about this note is that the paper is bright.

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This feature helps draw attention to the design’s details. Keep in mind that Montgomery was the place in question.

In the end, Richmond was named the capital of the Confederate States of America. This makes the bill even more important. A lot of fans thought it was the most beautiful bill of its kind.

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ChiefsFocus is a dedicated news writer with extensive experience in covering news across the United States. With a passion for storytelling and a commitment to journalistic integrity, ChiefsFocus delivers accurate and engaging content that informs and resonates with readers, keeping them updated on the latest developments nationwide.

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