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Lot
15870

Mount Holly, NJ - $50 1882 Brown Back Fr. 508 The Farmers NB of New Jersey Ch. # 1168. ...

2011 April Rosemont CSNS Signature Currency Auction #3513

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Auction Ended On: Apr 28, 2011
Item Activity: 2 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
Excessively Rare Mount Holly New Jersey $50 Brown Back
Mount Holly, NJ - $50 1882 Brown Back Fr. 508 The Farmers NB of New Jersey Ch. # 1168
A wonderful new discovery on an excessively rare Burlington County bank which issued only high denominations after its First Charter issue and which has not been seen on the market since its last offering in 1999. Not only does this note have bank rarity, it is also an exceedingly rare type from the state of New Jersey, with this only the fourth $50 Brown Back recorded from all New Jersey banks combined. All have been closely held for many years, with the last offering of any we can find coming almost thirty years ago when the serial number 1 Bridgeton $50 was sold as part of the fabled Saffin collection. PCGS Very Fine 35, with bold pen signatures and bright colors, a true trophy note which is perhaps the most significant New Jersey rarity to appear in the last decade.

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