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Lot
15096

Putnam, CT - $10 1882 Brown Back Fr. 485 The Thompson NB Ch. # 1477. ...

2012 August 3 Currency Signature Auction - Philadelphia #3518

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Auction Ended On: Aug 3, 2012
Item Activity: 1 Internet/mail/phone bidders
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Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:
Unique From This Location
Putnam, CT - $10 1882 Brown Back Fr. 485 The Thompson NB Ch. # 1477
Our consignor obtained this unique item in our Memphis, 2010 sale, where we described it as "An incredible new discovery from one of Connecticut's few truly rare banks. This institution, which was originally chartered in Thompson, issued First Charters and Brown Backs from that venue before moving to nearby Putnam, where it issued a mere 870 sheets of Brown Backs before liquidating in 1893. Only one note is known from the Thompson location (which we sold in January of 2004 for $27,600) and no notes whatever had been reported from the Putnam location before this specimen emerged from the marvelous C.A. Dolph & Son collection, where it had been laying undisturbed since the late 1940's. Fortunately for this generation of collectors, Mr. Dolph and his son had a great eye for quality in an era when few cared, with this note typical of just about all in their holdings, being a lightly circulated and utterly problem free piece with bright paper, great colors, and strong signatures. Very Fine 25, a wonderful Connecticut trophy item worthy of the very finest of collections." The note sold for $17,250 two years ago, and remains just as unique and desirable today as it was then. PCGS Very Fine 25.

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