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    Newly Discovered Brown Back

    Manasquan, NJ - $5 1882 Brown Back Fr. 467 The First National Bank Ch. # 3040 PMG Very Fine 30.
    A newly discovered example which is the first Brown Back reported from this rare New Jersey shore bank, which issued Brown Backs and Red Seals only before closing its doors forever in 1908. Although five Red Seals are listed in the census, all save one have been closely held for generations, with the one example that has a sale record during the past thirty years fetching $7,475 when sold ten years ago. This pen signed $5 Brown Back was the bottom note on the sheet, and still retains its full bottom selvage, an almost certain indication that it was a keepsake and never really entered circulation.

    Auction Info

    Auction Dates
    January, 2020
    8th-14th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 172

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