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Lot
15546

Oswego, KS - $5 1882 Brown Back Fr. 467 The First NB Ch. # 3038. ...

2012 April 18-20 & 22 Schaumburg CSNS Signature Currency Auction #3517

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Auction Ended On: Apr 19, 2012
Item Activity: 1 Internet/mail/phone bidders Number of Bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
Serial Number 1 Oswego, Kansas $5 Brown Back
Oswego, KS - $5 1882 Brown Back Fr. 467 The First NB Ch. # 3038
A wonderful Kansas rarity with a pedigree which reads like a "Who's Who" roll call of great currency collectors. This gorgeous serial number 1 Brown Back was first on the market as part of the fabled A. A. Grinnell collection, which was sold in multiple sales from 1944 through 1946. It then was obtained by pioneer dealer and collector William P. Donlon, who placed it into his personal holdings which he sold in May of 1971. It then passed into the Lindsay collection, and was finally obtained by our consignor in March of 2006. A mere two notes are known from this short lived bank, which issued $5 Brown Backs only and which had a miniscule $435 outstanding a century ago. The other note is not a number 1 and grades only Fine+, and has not been seen since it was sold as part of the C. Dale Lyon Kansas collection seventeen years ago. Bright and beautiful pen signed PCGS Extremely Fine 40, with the appearance of a note printed this morning, a true trophy item worth whatever it costs to bring it home this evening.

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