Archives International Auctions - Auction 110 January 20, 2026

Archives International Auctions - Sale 110 37 January 20, 2026 Archives International Auctions www.archivesinternational.com Mississippi 173 173 MS. The City of Natchez, 1862, Intriguing 10 Cents Issued Obsolete Scrip Note Payable in Confederate Bills Natchez, Mississippi. City of Natchez Municipal Scrip Note, Ten Cents (10 Cents). Unlisted municipal issue. Issued municipal fractional currency note payable to bearer on demand, denominated Ten Cents, with redemption text indicating acceptance in “Current Funds” crossed out and written in red ink “Confederate Bills”, the City was under Union control in July of 1862; printed in black ink with green denomination lettering on thin paper, featuring ornate typographic borders, large “10” denomination counters, and engraved vignettes including a female allegorical figure at left and a sailing vessel at right. The note bears a handwritten serial number 136 and period manuscript signatures. The reverse is blank, as issued. The condition ranges from Choice Fine to VF condition, with folds, light soiling, and age toning consistent with circulation. Printer imprint visible at bottom margin reading Rawdon, Wright & Hatch, New York. The red manuscript alteration striking “current funds” and substituting “Confederate Bills” represents a period clarification of the redemption medium rather than a new issue. Although Natchez was under Union control in 1862, Confederate notes continued to circulate locally for everyday transactions, and existing municipal scrip was often modified by hand rather than withdrawn and reissued. Such practical manuscript changes are consistent with documented Civil War–era municipal currency practices and reflect economic conditions at the time, not political authority. Only one other note could be found offered at auction and that was in 2020 at Heritage where it sold for $1200 + BP. Est. $600-800 Louisiana & Virginia 174 174 LA&VA. Exchange Bank and Canal Bank, 1836 to 1853, Issued Banknote Pair.K865K822K823:K863KK823:K863 Louisiana & Virginia, 1836-53. Lot of 2 Issued Obsolete Banknotes, Includes: 1836, Exchange Bank of Virginia, $20, S/N 2368 pp B, RWE&H; 1853, Canal Bank, $5, S/N 3118 pp A, TC&C. Both have multiple vignettes and are in VF to XF condition. (2). Sold “AS IS” no returns accepted. ����������������������������������������������������������������������������������������������������������������������������������� Est. $90-180 Maine, Rhode Island, and Massachusetts 175 175 North Eastern United States, 1835 to 1855, Issued Obsolete Banknote Trio. Maine, Rhode Island, and Massachusetts, Lot of 3 Issued Obsolete Banknotes, Includes: 1835, Calais, Maine, Washington County Bank, $5, S/N 536 pp B, New England BNC; 1858, Boston, Massachusetts, Cochituate Bank, $5, S/N 885 pp A, RWH&E; and, 1855, Providence, Rhode Island, $1, S/N 68 pp A, JDW&Co. Notes range from Fine to Choice Fine condition. Together, these notes illustrate mid-19th- century New England banking, with early Maine issues being comparatively scarcer due to limited regional circulation. (3). Sold “AS IS” no returns accepted. ������������������� Est. $120-240 Maryland 176 176 MD. Commercial Bank of Millington, and, Chesapeake & Ohio Canal Co.,1839 & 1840, Issued Obsolete Banknote Pair. Millington, Maryland, 1839. $5 Issued Obsolete Banknote, Black print with mythological figures at top center, S/N 799 pp D, VF to Choice Fine condition, RW&H; and, Washington, D.C., Chesapeake & Ohio Canal Co., $20, 1840, Issued Obsolete Banknote, S/N 251, Fine to Choice Fine Condition, UBS. ����������������������������������������������������������������������������������� Est. $90-180 177 177 MD. Franklin Rail Road Co., 1840, Issued Obsolete Banknote. Hagerstown, Maryland, 1840. $1 Issued Obsolete Banknote Payable at Hagerstown Bank, Black print with figures at left and right and bridge over river at top center, S/N 9250 pp A, Fine condition. Issued in 1840 by the Franklin Rail Road Co., this note represents a company obligation payable at the Hagerstown Bank in Maryland. The Franklin Railroad operated between Chambersburg, Pennsylvania, and Hagerstown, serving as an early regional transportation link before the rise of larger mid-Atlantic rail systems. Company-issued notes of this type were used to support operations and local trade, and surviving examples illustrate the financial practices of early American railroads and their reliance on nearby banks as paying agents. �������������������������������� Est. $50-100