LOT #14733 |
Sold on Jan 8, 2010 for: Not Sold
Palmyra, NY- $5-$5-$5-$5 1882 Brown Back Fr. 466 The First NB Ch. # 295 Uncut Sheet. ... (Total: 1 sheet)
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Description
Only Known $5 Brown Back Sheet for New York
Palmyra, NY- $5-$5-$5-$5 1882 Brown Back Fr. 466 The First NB Ch. # 295 Uncut SheetThe scarcity of this sheet is bound to attract the attention of serious New York collectors given that Brown Back sheets are rare for the state. A mere four are listed in the Kelly census for New York, with this stunning example being the only $5 sheet known on the entire state. Workman's initials were placed along the top margin, a procedure that was in effect for only a few years in the early 1900's. Other traits of the notes are the scarcer "stacked" Treasury signature style and the darkened charter numbers adjacent to the frame lines. The bank was chartered in March 1864 and liquidated on Oct. 19, 1929. Palmyra is located on the Erie Canal, which was completed to the town in 1822. Palmyra is also associated with the founding of the Mormon Church, as it was the location where Joseph Smith received the Golden Tablets as well as being the site where the first Book of Mormon was published in 1830. PMG assigned a grade of About Uncirculated 55 Net to this sheet. While the notes are unmolested, the folds between them have resulted in the About Uncirculated grade. Ink burn was cited by PMG as the reason for the net grade. The tiny areas of ink burn are seen at the wide loop of the first letter in Pliny T. Sexton's signature on a couple of the notes and are barely worthy of any mention at all.
More information about New York National Bank Notes.
Auction Info
2010 January FUN Signature Currency Auction #3508 (go to Auction Home page)
Auction Dates
January, 2010
7th-11th
Thursday-Monday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 299
Buyer's Premium per Lot:
15% of the successful bid per lot.
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