LOT #12964 |
Sold on Apr 30, 2009 for: $74,750.00
High Point, NC - $5 1882 Brown Back Fr. 469 The NB of High Point Ch. # 3490. ...
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Sold on Apr 30, 2009 for:
$74,750.00
Bid Source: HA.com/Live bidder
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Description
The Only Known Serial Number 1 North Carolina Brown Back
High Point, NC - $5 1882 Brown Back Fr. 469 The NB of High Point Ch. # 3490A spectacular new discovery from an excessively rare bank which issued Brown Backs and Red Seals only and has just two examples extant in the census. We sold the last of these to be offered to the collecting public when a restored Very Good-Fine $10 Brown Back soared to $11,500 amidst heated bidding from two determined collectors. This piece is not only multiple grades nicer, it is also the only number 1 Brown Back of any denomination known from any North Carolina issuer. Fortunately for collectors, it is simply a peach of a note, with three folds acquired during the passage of time but no traces whatever of actual circulation. One tiny missing corner tip is mentioned for total accuracy in grading, although it does not touch the design at any point. The pen signatures are clear and bold, and this Extremely Fine note comes with the wallet it was stored in bearing the facsimile signature of the bank president who signed this note. Any estimate for this trophy note is merely a guess, but we would not at all be surprised to see bidding easily reach and perhaps well exceed...
More information about North Carolina National Bank Notes.
Auction Info
2009 April/May Cincinnati, OH (CSNS) Signature CAA Currency Auction #3505 (go to Auction Home page)
Auction Dates
Apr-May, 2009
29th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 5,153
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15% of the successful bid per lot.
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