Skip to main content
Go to accessibility notice


    Near-Gem Serial Number 1 Forest City Brown Back

    Forest City, PA - $10 1882 Brown Back Fr. 490 The First National Bank Ch. # 5518 PCGS Banknote Choice Unc 64 PPQ.
    A wonderful Serial Number 1 $10 Brown Back from this Susquehanna County bank that operated near the coal fields of northern Pennsylvania. It is a well margined and carefully preserved note from this charter that failed during the Great Depression. The note displays bold, original embossing and all of its original ink colors. Adding to its appeal is a letter that accompanies the note. Dated October 6, 1900 on bank stationary, a two-page handwritten letter from the bank's cashier, T(rue) A. Surdam, to his Aunt Jane explains how he had to lobby the bank's president in order to acquire the note so that he could present it to her as a gift. It is truly the first note from the bank as it not only bears Serial Number 1, it is also from the "A" position of the sheet. As an aside, Mr. Surdam served as the bank's cashier from only 1900 until 1904, but the note remained with Aunt Jane's family for generations and is now available for one fortunate collector to enjoy and cherish. (Total: 2 items)

    Auction Info

    Auction Dates
    April, 2020
    22nd-27th Wednesday-Monday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 941

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Sold for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 13 days left to consign to the 2020 August 4 - 10 ANA Worlds' Fair of Money World Paper Money Signature Auction - Pittsburgh!

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search