1838 Republic of Texas - $100 CR-H11 "STAR NOTE"

Item Number:
TXREP-56..
PMG Choice Very Fine 35 Net - Corner Missing - CR-H11 Smith/Houston - Jan. 8, 1838 Serial # 21 "LOWEST SERIAL NUMBER I HAVE SEEN" - The Republic of Texas "STAR" notes were the first formal currency that the Republic issued. Only $514,510 was issued in all denominations in late 1837 and into early 1838. The $100 Republic of Texas "STAR" note had a printing of only 2200. Medlar rated the $100 as a Rarity 4 - with a 25-50 surviving population in his 1968 book "Texas Obsolete Notes And Scrip". In the Hugh Shull book "Southern States Currency" 2007 he rates the $100 CR-H11 as a RARITY 9 - with a 16-50 surviving population. The CR-H11 variety has the title in error "SEC. OF TRRASY" and the rosettes in border are oval petals rather than round petals. A very scarce and seldom seen variety! PLUS the note HAS NOT been cut cancelled, ink cancelled or repaired like most. This example is missing the bottom left corner. All lettering is complete with great paper quality. All signatures are clean and sharp including the secretarial signature of "Sam Houston" as president of Texas. As of 7/2021 PMG has graded only 1 note higher than the note offered here it was EF-40 and that is all $100 varieties combined. The first issue star notes are seldom available especially in this grade.
$4,900.00
1838 Republic of Texas - $100 CR-H11 "STAR NOTE"