Rare 1860's California Regiment Exchange note

DepressionscripGuy

There is a rare 1860's California Regiment Exchange note coming up in the upcoming Archives International auction on Feb 23rd. Link



Here is the description from Archives International:



California and Pennsylvania. 71st Pennsylvania (California Regiment) of General Burns Brigade. 25 cents, Issued Sutler scrip note signed by Charles Gallagher, Sutler, Keller OA-SF025, Black on light green underprint with red denomination counters, Native American "Progress" vignette of Indian watching ships on the shore on lower left and eagle on upper right, printed on white paper with blank back, Choice Fine condition with firm paper body, no edge faults or other issues, bright colors and sharp corners only enhance this lovely and rare note. Originally, the California Regiment was begun by Californians living in Washington, D.C. in May 1861, eventually it was taken over by the 71st Pennsylvania. Printed by A.Hoen Co., Lith, Baltimore. Rare and very attractive note that should command a superior bid.



Last record of any of these selling is from Stacks from May 26, 2005 auction. It was one in similar condition and went for $3000.



This posting is for a friend of mine, it's actually his note, not mine. Just trying to help generate some interest in it for him.

SaorAlba

Talk about a neat note - combines early California with the Civil War and a sutler and payable in current funds of the United States with great vignettes and colour.



Hoping a member of the forum gets it.

DepressionscripGuy

I agree.... it's one of the highlights of the auction. It made it onto the cover of this catalog too.

mfontes

I've tried to collect California obsolete notes, but OMG they are all expensive. I would love to have this note, but I am sure it will sell for moon money.

sellitstore

Unsold in the Archives Auction, Stack's sold a second example, closer in grade to this one at $1800.

This is a thin market with less than a dozen serious collectors and a couple of major collections have been sold in the past few years.

A great sutler note but this is how sensitive prices are in a thin market.

Here it is again.

DepressionscripGuy

Thanks Russell... you beat me too it to bumping this thread. I just saw earlier this morning that Lou listed the note on Ebay.