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Description

Rare Serial Number 1 Rhode Island Original Series Ace

Serial Number 1 Woonsocket, RI - $1 Original Fr. 380a The Woonsocket National Bank Ch. # 1058 PMG Choice Fine 15.
This is a very rare serial number 1 Rhode Island note that traces its provenance back to the sale of the Frank Limpert collection in 1955. While this note is from quite a scarce bank in its own right, having issued First Charters and Brown Backs only, this piece is one of less than ten serial number 1 large notes of any type or denomination recorded from Rhode Island. Last on the market in our 2005 FUN auction, this evenly circulated and problem free Original Series ace fetched a strong $23,287.50 in the super-heated market of that era. While we do not expect that realization this evening, this well-margined piece is certainly rare and desirable enough to bring a solid five-figure price.
From The Wade Boughton Collection


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Auction Info

Auction Dates
January, 2024
10th-12th Wednesday-Friday
Bids + Registered Phone Bidders: 3
Lot Tracking Activity: N/A
Page Views: 275

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

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Sold on Jan 11, 2024 for: $9,900.00
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