Skaneateles, New York. 1882 Brown Back $5 Fr. 477. The NB. Charter #5360. PMG Extremely Fine 40 EPQ.

An exceptionally attractive, high-grade Brown Back from this small lakeside town about 20 miles southwest of Syracuse, this EF 40 EPQ leaves little more to be desired. Four balanced and generous margins, light but clear signatures, bold, rich brown overprint and only light folds, there is little to find fault with here. It has sold on three occasions over the past three decades, advancing well each time. From $742.50 in 1994, to $2,185 in 2007 to its most recent sale for $2,760 in June 2011, bidders have clearly appreciated the quality of this note.

Estimate: $1500.00 - $2500.00