Rare North Dakota $50 Date Back
Grand Forks, North Dakota. $50 1882 Date Back. Fr. 563. First NB. Charter #2570. PMG Very Fine 20.
A representative of a type and denomination that is rare for any state including the likes of Massachusetts or Pennsylvania. As for the State of North Dakota, the First National Bank of Grand Forks was the sole institution within the state to issue $50 Date Backs, of which a small handful of notes are known to collectors and census reports. The issuing bank which had the distinction of only issuing $50 and $100 Nationals under the Series of 1882 makes for an uncommon distinction hinting that this bank was more ingrained with local merchants and business concerns as opposed to the local citizenry. A context which in most instances often preceded easy redemption or the survival of a small run of comparable survivors like this example. Independent of any historical context and conjecture, if you're looking to represent North Dakota in a set of Nationals from the Lower 48 this example would make for an inspired choice for the advanced collector.
Estimate: $6000.00- $8000.00
Price realized | 3'800 USD |
Starting price | 3'600 USD |