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    Unique for the Bank

    Forest City, NC - $5 1902 Date Back Fr. 592 The First NB Ch. # (S)9203 PMG Very Fine 20 Net.
    When we sold this great North Carolina rarity in our 2013 FUN auction, it was a newly discovered item and we stated that it was "from one of only a relative handful of North Carolina banks which have remained unreported to date. It comes as no surprise that this small town bank was in business for only seven years, issuing Date Backs and a microscopic number of Plain Backs (all of 21 sheets worth) before closing its doors forever in 1915." We also noted that PMG had assigned a net grade to this pleasing mid-grade piece for a couple of tiny restorations but, as we added, "Where can another note on this bank be found at any price?" That evening, this rare North Carolina note fetched $22,325 and, considering its still unique status, it could approach that level again.
    From the Greensboro Collection, Part X

    View all of [The Greensboro Collection, Part X ]

    Auction Info

    Auction Dates
    September, 2019
    4th-9th Wednesday-Monday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 326

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