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Hessler 1350 $500 National Bank Note Face and Back Proofs. This pair may be unique in that Hessler in U.S. Essay, Proof an... (2 notes)
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Sold on Sep 22, 2005 for:
$34,500.00
Bid Source: Live: Phone bidder
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Description
Unique $500 National Bank Note Face and Back Proof Pair
Hessler 1350 $500 National Bank Note Face and Back Proofs. This pair may be unique in that Hessler in U.S. Essay, Proof and Specimen Notes does not mention a single face design proof for this denomination. However, he does have records on a total of ten back design proofs, with three having a New York state seal, and the other seven having a Massachusetts state seal just like this back proof. In fact, of the four issued $500 Nationals known, one each is locked up in either the Federal Reserve Bank of Chicago Collection or the Smithsonian, making this probably the only chance for a collector of any means to even have a shot at this denomination in any form. This pair is printed on India paper and mounted on card stock. The bank it is on is The First National Bank of Boston. There are four punch cancels found along the signature lines of the face proof. The face also reveals white paper that is not hindered by any foxing or handling marks that is commonly found on proofs, making for an exquisite item that is paired with a back proof that is of its equal, if not better, with its dark black and green inks. Having proofs of both sides is a stunning achievement, and after tonight, only one collector will be victorious, while several others will be scratching their head with non-buyers remorse.(Total: 2 notes)
Auction Info
2005 September (CAA) Long Beach Signature Auction #386 (go to Auction Home page)
Auction Dates
September, 2005
21st-23rd
Wednesday-Friday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 2,233
Buyer's Premium per Lot:
15% of the successful bid per lot.
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