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    Description

    The Only Known Serial Number 1 North Carolina Brown Back

    High Point, NC - $5 1882 Brown Back Fr. 469 The NB of High Point Ch. # 3490
    A spectacular new discovery from an excessively rare bank which issued Brown Backs and Red Seals only and has just two examples extant in the census. We sold the last of these to be offered to the collecting public when a restored Very Good-Fine $10 Brown Back soared to $11,500 amidst heated bidding from two determined collectors. This piece is not only multiple grades nicer, it is also the only number 1 Brown Back of any denomination known from any North Carolina issuer. Fortunately for collectors, it is simply a peach of a note, with three folds acquired during the passage of time but no traces whatever of actual circulation. One tiny missing corner tip is mentioned for total accuracy in grading, although it does not touch the design at any point. The pen signatures are clear and bold, and this Extremely Fine note comes with the wallet it was stored in bearing the facsimile signature of the bank president who signed this note. Any estimate for this trophy note is merely a guess, but we would not at all be surprised to see bidding easily reach and perhaps well exceed...


    Auction Info

    Auction Dates
    Apr-May, 2009
    29th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 4,939

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    Sold on May 3, 2009 for: Sign-in or Join (free & quick)
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