Description

T-28..$10..CHOICE UNCIRCULATED PCGS 63 AND RARE IN THIS GRADE….Hoyer and Ludwig product; a lower quality $10 note printed in late 1861. The work to continue printing this type was then passed on to J. T. Paterson. This type replaced the T-27. At left are two females, one representing Ceres, Goddess of Agriculture, holding an urn and the other Commerce. At right is a train of railroad cars. This note was “Receivable in payment for all dues except export dues and fundable in Confederate States stock bearing 8% interest six months after the ratification of a treaty of peace between the Confederate States and the United States.”

This type comes on lower quality paper, which did not wear very well. It was produced on a plate of eight notes, which were plate lettered-numbered A-9 through A-16. The T-28 PF-11 on rare CSA block letter watermarked paper is one of the old time great rarities.

This is a common type in all grades except Choice Very Fine through Choice Uncirculated.
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