T-1 $1000 1861 Confederate States of America PCGS 35A - $1000 Montgomery notes are considered to be the most important Confederate note ever produced by the CSA. Regarded as the trophy note of the South, there are only approximately 137 known survivors. Impressively engraved and printed by the National Bank Note Company in New York City one month before the South seceded from the Union, these notes were printed in quartet sheets of $50-$100-$500-$1000. Using National Bank Note Company stock vignettes, these notes contain several anti counterfeiting security measures that at the time were considered to be state-of-the-art. Historically significant and immensely important to the Confederates determined attempt to withdrawal from the Union, this example embodies the passion and commitment of their ill fated struggle. This note maintains its dark green color, bold signatures and pleasing margins for this rare and highly desirable denomination. PCGS mentions restorations that affect little on this rare and beautiful note. As a matter of fact, most early Confederate notes have some sort of restoration work done to them primarily due to the thin paper used at the time. Also, one other significant aspect regarding this rare note is that it does not have unsightly hole punch cancellations that can be found on several dozen other T-1 examples. When it comes down to it, Montgomery notes have performed incredibly well and with so few examples to chose from and with such a high demand for them, you want to buy the best because the likelihood of these notes declining in popularity is slim-to-none.