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    Description

    Sole Arizona State 1882 $10 Date Back Reported

    Clifton, AZ - $10 1882 Date Back Fr. 548 The First NB Ch. # (P)5821 PMG Very Fine 25.
    A scarce bank which was this obscure community's only issuer. Around 4,000 people lived in Clifton when this note was issued, more than reside there today. Just large size notes were issued by this bank, and offerings are scant, with offerings average only every two to three years. To date, just two Second Charter $10 Date Backs are reported from here and, more importantly, they are the only examples of this type and denomination reported for all Arizona banks. One of those pieces was issued under Territorial auspices and the other after Arizona became a state in 1912. Tonight, we are pleased to offer the State issue note that has not made a public appearance since it last crossed the auction block in a 1984 Hickman-Oakes sale. It is a pleasing mid-grade piece with nice color and solid paper. PMG has noted some minor staining on the back which does not detract at all. A great Arizona rarity sure to see some serious bidding this evening.
    From the Indian Collection


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    Auction Info

    Auction Dates
    January, 2019
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 657

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