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New London, WI - $20 1882 Brown Back Fr. 501

Currency:USD Category:Coins & Paper Money Start Price:2,600.00 USD Estimated At:1.00 - 1,000,000.00 USD
New London, WI - $20 1882 Brown Back Fr. 501
New London, WI - $20 1882 Brown Back Fr. 501 The First NB Ch. # (M)5013An extremely rare Brown Back from the only bank chartered in this tiny Waupaca County community. It's one of only four large size notes listed in the new census, and by far the highest grade piece recorded. It's listed there as CU, which it certainly appears to be on first impression, but close inspection discloses three folds, hence our grade of Extremely Fine-About Uncirculated. The paper is fresh and bright, the inks vivid, and the signatures clear and sharp, in short making this a new note with a few barely noticeable folds. It is the nicest note known from here by a substantial margin, and is an example certain to delight its fortunate new owner. Whatever it realizes tonight, it's a note which will look like a bargain tomorrow morning. <BR><BR><B>Important notice:</B> Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. <BR><BR><B>IMPORTANT ANNOUNCEMENT ABOUT RESERVES:</B> Heritage now divulges all reserves on its web site 7 days before every auction. If you want to know whether the reserve on this lot has been met, and if not, what the reserve amount is, please visit this lot page on the HeritageCoin.com web site, or email: bid@HeritageGalleries.com