T-40 1862 $100 Confederate Currency Train Note Pmg 50 CIVIL War 48581

Columbia, SC on white paper with a blank reverse. Similar to the T-39 in design, the T-40's are dated from August 9th, 1862 - January 16, 1863. The locomotive has diffused steam exiting the boiler.

These notes paid 7.3% interest and many have interest paid stamps on the reverse. These interest paid stamps come in a variety of colors and different locations and are well collected. Grade: PMG About Uncirculated 50.

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