LOT #20481 |
Sold on Jan 13, 2022 for: Not Sold
Chelsea, VT - $1 1875 Fr. 386 The First National Bank Ch. # 2120 PMG Fine 12.. ...
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Description
Rare Chelsea, VT Ace - First Public Offering in 75 Years
Chelsea, VT - $1 1875 Fr. 386 The First National Bank Ch. # 2120
PMG Fine 12.A great new addition to the census from an excessively rare Vermont bank that has not had a public offering in 75 years. The First National was a First Charter-only institution opening its doors in 1873 and then liquidating in 1893 at the expiration of its charter. At that point, it was succeeded by Charter 4929. Prior to this evening, just one note was reported, a 1875 $5 graded Good that was Lot 3160 in Barney Bluestone's sale of the fabled Albert Grinnell collection in 1946. That has not appeared on the public scene in the intervening 75 years. Finally, with the surfacing of this 1875 ace, today's collectors have an opportunity to add this rare charter to their holdings. It has seen its share of circulation and the margins are a bit tight but its overall appearance is quite pleasing with good color and legible pen signatures.
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Auction Info
2022 January 12 - 14 FUN Currency Signature® Auction - Orlando FUN #3586 (go to Auction Home page)
Auction Dates
January, 2022
12th-14th
Wednesday-Friday
Bids + Registered Phone Bidders: 0
Lot Tracking Activity: N/A
Page Views: 296
Buyer's Premium per Lot:
20% of the successful bid per lot.
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