SOLD
45,000.00USDto floor+ buyer's premium
This item SOLD at 2008 Jan 13 @ 02:19UTC-05:00 : EST/CDT
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<B>New Orleans, LA</B></I> - $50 1882 Value Back Fr. 586 <B>Canal-Commercial NB</B></I> Ch. # (S)5649<BR> This new to the market $50 Value Back is one of just eight examples of this type extant, and was issued by just two banks, this and the Winters NB of Dayton, Ohio. It is the second scarcest type in Nationals, following closely to the $100 Value Back, which has five examples known. Six of the known pieces come from the this bank, two from Dayton. As one might imagine, offerings have been quite scant during the past few decades, with the last $50 Value Back offered at public sale (a somewhat inferior piece to this note) realizing $46,000 three years ago. This<B> Fine </B></I>example is an evenly circulated specimen with good color and plenty of eye appeal for the grade, and, in a better and more sophisticated market for rarities in general and type note rarities specifically, is virtually certain to see bidding end well above the $50,000 level, likely in the range of...<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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