Skip to main content
Go to accessibility notice

    Description

    Near-Gem Serial Number 1 Forest City Brown Back

    Forest City, PA - $10 1882 Brown Back Fr. 490 The First National Bank Ch. # 5518 PCGS Banknote Choice Unc 64 PPQ.
    A wonderful Serial Number 1 $10 Brown Back from this Susquehanna County bank that operated near the coal fields of northern Pennsylvania. It is a well margined and carefully preserved note from this charter that failed during the Great Depression. The note displays bold, original embossing and all of its original ink colors. Adding to its appeal is a letter that accompanies the note. Dated October 6, 1900 on bank stationary, a two-page handwritten letter from the bank's cashier, T(rue) A. Surdam, to his Aunt Jane explains how he had to lobby the bank's president in order to acquire the note so that he could present it to her as a gift. It is truly the first note from the bank as it not only bears Serial Number 1, it is also from the "A" position of the sheet. As an aside, Mr. Surdam served as the bank's cashier from only 1900 until 1904, but the note remained with Aunt Jane's family for generations and is now available for one fortunate collector to enjoy and cherish. (Total: 2 items)


    Estimate: $5,000 - $7,000.

    Auction Info

    Proxy Bidding Ends
    April
    23rd Thursday 5:50 pm CT
    Auction Dates
    April
    22nd-27th Wednesday-Monday
    Proxy Bidding Time Remaining
    14 Days 10h 54m 32s
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: 26
    Page Views: 605

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    This lot is in: 2 - Heritage Signature® Auctions Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 20331-20515) - 6:00 PM Central Time, Thursday, April 23, 2020.
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 24 hours before the live session begins and continues through the session.)

    Show All Session Information

    Show Auction Type Info

    Exhibition Viewing Times, Title Page, Floor Session and License Information

    Additional Location Info:
    Heritage Auctions - Dallas
    3500 Maple Ave
    17th Floor
    Dallas, TX 75219

    Current Bid:
    $2,600
    Bid Protection
    w/ Buyer's Premium (BP) : $3,120.00 Minimum Next Bid: $2,700 ($3,240.00 w/ BP)
    Track Item