Welcome Sign-In | Register
Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 


Excessively Rare $50 Value Back- One of Four in Private Hands

New Orleans, LA - $50 1882 Value Back Fr. 586 Canal-Commercial NB Ch. # (S)5649
A recently discovered specimen of this excessively rare type, which was issued by only two banks in the entire country. The census now stands at seven pieces, including this example, three of which are impounded in institutional collections and hence unavailable to the collecting fraternity. Needless to say, any offering of this type is a major event, with appearances at public sale often measured in decades rather than years. Although the bottom margin is trimmed very slightly into the design, and there are a few tiny closed margin splits, this piece is otherwise defect free, and has retained a most pleasing appearance for its grade. Its offering here allows one more collector to join that very small group of individuals who can aspire to completing a complete set of U.S. currency by denomination and type. Fine, and certainly rare enough to easily exceed our likely quite conservative estimate of...

Fees, Shipping, and Handling Description: Coin/Currency (view shipping information)

Sales Tax information  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
May, 2005
5th-7th Thursday-Saturday
Bids + Registered Phone Bidders: 3
Lot Tracking Activity: N/A
Page Views: 510

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

Join Now - It's Free

  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
Consign now
  • Cash Advances
  • More Bidders
  • Trusted Experts
  • Over 200,000 Satisfied Consignors Since 1976
Consign to the 2016 December 7 - 8 World Currency Signature Auction - Hong Kong.

Learn about consigning with us

I want to thank you for all you did to make the whole auction experience a good one.

Cori Williamson
View More Testimonials receives more traffic than any other auction house website. (Source:

Video tutorial

Getting the most out of search

Recent auctions

2016 June 23 - 24 World Currency Signature Auction - Hong Kong
2016 June 23 - 24 World Currency Signature Auction - Hong Kong
REALIZED $779,759

© 2016 Heritage Auctions | All Rights Reserved