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    Description

    Auburn, NE - $10 1882 Brown Back Fr. 481 The First NB Ch. # (W)3343
    This is an interesting and very rare note that should not exist, as this bank was chartered in 1885 in North Auburn and did not change its title or issuing location to Auburn until 1905. Only two notes are known with the North Auburn title, which was used on $5 Brown Backs only and made up by far the largest portion of this bank's Brown Back emission. Based on a similar case in New York, we suspect that this bank elected to issue only $5 notes at its inception, and that, at a considerably later date after its move, it ordered a very small number of higher denomination examples. When the new plates were prepared, the bank supplied its then current location of Auburn. We do know that this is the only Brown Back known of any denomination bearing the Auburn title, and that it realized $3,450 when obtained by Thomas Wolfe back in 2004. Very Fine.


    Auction Info

    Auction Dates
    September, 2005
    21st-23rd Wednesday-Friday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 185

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