Pennsylvania
Chester, Pennsylvania. $10 1882 Brown Back. Fr. 487. The Delaware County NB. Charter #355. Choice Very Fine. Serial Number 1.
This note is going to get some Chester and Delaware County collectors very excited. Despite some telltale signs of perhaps being common, like a low charter number and being from a prolific east coast issuer, this is actually just the third brown back known on charter 355, The Delaware County National Bank (of Chester). And there are no first charter notes known. One of the three brown backs is a $50; that is in the Federal Reserve Bank of Philadelphia collection. There is a $10 brown back known. It is a circulated VF and brought $10,350 at a 2014 auction. The example we are offering is a serial number one $10 brown back. It has never been recorded or offered for sale previously. The fact that it is a serial number one, actually makes it the oldest known bank note from Chester, a fact that will likely not be missed by the aggressive group of Chester collectors. This is a great opportunity to add a crowning jewel to any established collection.
Estimate: $4000 - $6000