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Seguin, TX - $100 1882 Brown Back Fr. 528 The First NB Ch. # (S)5097. ...

Lot: 13800, Auction: 2009 September Long Beach, CA Signature CAA Currency Auction #3506

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Ended: Sep 9, 2009
Item Activity: 2 Internet/mail bidders
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Description:

Incredible $100 Seguin Brown Back

Seguin, TX - $100 1882 Brown Back Fr. 528 The First NB Ch. # (S)5097
A spectacular $100 Brown Back which is as lovely as it is rare. It is one of only two large notes from this bank in public hands, with the other being a matching $50 Brown Back from the same sheet, albeit with considerably smaller margins. A similar $100 Brown Back resides in the Philpott/Moody Foundation holdings. This note traces its pedigree to a Mayflower Coin Auction sale held in 1974, where this piece was lot 481 and graded Crisp Uncirculated. It then passed into the hands of Howard Gunlocke of Wayland, New York , whose collection, including this note, was sold by Stack's in March of 1989, where this note was lot 587 and realized $4445. It was acquired there by Sam Feldman, a Dallas based collector who put together a wonderful set of Texas Brown Backs, among other items, and was sold after his passing in 2002, when it realized $43,125. Of the fewer than twenty five $100 Texas Brown Backs known to exist in private hands there is only one contender to rival this note for "Finest Known," although we strongly suspect that with that note having been graded as AU in the past and this note as CU that this note is superior. Without a side by side comparison we will not make that claim, but we do know this is easily the finest high denomination Texas Brown Back we have ever seen offered for sale, period. The paper quality is superlative, the embossing bold and evident, the inks incredibly bright, and the colors as vivid as though the note had been printed this morning. Any estimate here is just a guess, as notes of this quality come on the market only when the greatest of collections are offered, but this beautiful About Uncirculated $100 Brown Back is certain to look even better to its fortunate new owner the morning after the sale than it did the morning before. From The Lone Star Collection

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