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Description

Excessively Rare $50 Georgia Brown Back - One of Three Known

Newnan, GA - $50 1882 Brown Back Fr. 513 The First National Bank Ch. # (S)1861 PMG Very Fine 20.
A wonderful Georgia rarity, this is one of only three $50 Brown Backs reported for the entire state and the only one of the three to have ever appeared at public sale. Two of the three reported notes are from this Newnan bank, while the third is from a bank in Macon, but, as mentioned, only this Newnan $50 has ever made a public appearance. That lone occurrence was when we auctioned this note as part of The Rome Collection in our 2004 FUN auction. It is a pleasing, well margined piece with sharp ink colors and bold pen signatures. PMG has noted a sprinkling of pinholes but they are a mere trifle when considering the extreme rarity of this Georgia trophy note. With the other two Georgia $50 Brown Backs tied up in long-term holdings, it may be many years before any opportunity to acquire this rare type and denomination presents itself again.


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Auction Info

Auction Dates
January, 2025
14th-17th Tuesday-Friday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 501

Buyer's Premium per Lot:
20% of the successful bid per lot.

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Sold on Jan 15, 2025 for: $31,200.00
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