Skip to main content
Go to accessibility notice

    Description

    Appleton, WI - $20 1882 Value Back Fr. 581 The Commercial NB Ch. # (M)2565
    We've handled this note once before, in January of 1992 at our Orlando, Florida auction. It sold then for $470. With three faint bends that are very easy to miss even on the closest examination, the technical grade is Extremely Fine. The aesthetic appeal of this bright and well centered note, however, is the equal of any Gem. If ever there was a note to demonstrate that grade does not equate to price, this is it. While 32 large notes are traced from this issuer, this is the only $20 Value Back documented to date. We've seen numerous notes offered and happily purchased as full Gems that were not the equal in appearance of this beautiful Wisconsin Value Back. Just 21 $20 Value Backs are recorded from nine issuers for Wisconsin. 12 other banks emitted this type and denomination and have not had any $20 Value Backs discovered to date. This note will cause quite a stir within the Wisconsin collecting fraternity and merits a bid well above what one might infer from its technical grade alone.


    Auction Info

    Auction Dates
    January, 2007
    4th-6th Thursday-Saturday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 212

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 6 days left to consign to the 2020 April 22 - 27 Central States World Currency Signature Auction - Chicago!

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2020 January 9 - 13 FUN World Paper Money Signature Auction - Orlando
    2020 January 9 - 13 FUN World Paper Money Signature Auction - Orlando
    REALIZED $1,741,136