LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Currency Auction #456  / 

15887

Henrietta, TX - $5 1882 Brown Back Fr. 471 The

Currency:USD Category:Coins & Paper Money Start Price:19,000.00 USD Estimated At:25,000.00 - 35,000.00 USD
Henrietta, TX - $5 1882 Brown Back Fr. 471 The
<B>Henrietta, TX</B></I> - $5 1882 Brown Back Fr. 471 <B>The Farmers NB</B></I> Ch. # 4068<BR> This note represents a true miracle of survival, as it comes from a bank in a tiny north Texas community which issued Brown Backs only before entering receivership in 1903. By 1915, a meager $505 was still outstanding from here. Two notes are known from the bank, both serial number 1 $5 Brown Backs, fortuitously saved for this generation's collectors by some unknown individual nearly 130 years ago. The other number 1 note is locked up in a long term Texas holding, leaving only this example to satisfy collectors seeking to own a note from Henrietta. When last offered, this attractive pen signed <B>Very Fine</B></I> specimen realized only $16,100 in a market where Texas collectors at this level were few and far between. Now, in a more sophisticated market that realizes the true rarity of real trophy items, we expect a considerably higher figure to be achieved before the hammer falls on this great item tonight. <BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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