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    Description

    Brunswick, MO - $5 1882 Brown Back Fr. 471 The First NB Ch. # 4083 PCGS Fine 15 Apparent.
    A very scarce note from this north central Missouri community that styles itself as "The Pecan Capital of Missouri." That boast is a far cry from the original intent of those who settled here, which was to make this community, which was occupied by the French in 1723-1726, the trading capital of the new French territory of La Louisiane. The settlement, which sat on the Missouri River near the mouth of the Grand River, was the first in modern day Missouri. Following the departure of the French after the Louisiana Purchase, the town was settled by an Englishman, James Keyte, who named it Brunswick after the town of the same name in England. For several years the community thrived as a transportation and commercial hub, but a change in the course of the Grand River necessitated the relocation of the community. The delay in acquiring railroad access until 1867, along with the decline of previously slave driven agriculture, doomed the town to insignificance. Notes from this location's only issuing bank are quite scarce, with Track & Price reporting a single large size offering during the past twenty years, with that piece a serial number 1 Brown Back grading Very Fine which fetched $7,475 five years ago. The $5 Brown Back has a few minor flaws, noted as "Edge Splits; Paper Toning and Soiling." It is quite collectible despite the designation.

    Ex: Eric P. Newman Numismatic Education Society.


    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 216

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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