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    Description

    Lovely Serial Number 1 Portage $5 Brown Back

    Portage, WI - $5 1882 Brown Back Fr. 471 The First NB Ch. # 4234
    The success of the Portage $5 Brown Back in our January sale, where it realized almost $5500, is responsible for the appearance of this lovely serial number 1 example from the same bank in this sale. Relatives of the bank's founding family, who had no idea of the value of such an item, saw the earlier offering on Heritage's web site and realized their hitherto unremarkable family keepsake had substantial worth. It now appears here in its first appearance ever in the numismatic marketplace. Only about a dozen serial number 1 Brown Backs are known from all banks in the state combined, with virtually all ensconced in long term Wisconsin holdings. This Extremely Fine example is a pen signed beauty, with no evidence whatever of circulation, although it does have a few folds garnered during its many years of storage. The colors and eye appeal of this "A" position note, the true first note issued to this bank after its organization, are as nice as the day it arrived at the bank, and its ornate layout merely adds to the note's desirability. Expect a battle before the hammer falls on this Wisconsin trophy item tonight, likely in the range of...


    Auction Info

    Auction Dates
    May, 2004
    6th-8th Thursday-Saturday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 260

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