$50 Bill

Heritage Numismatic Auctions, Inc.'s "Texas Collection," January 4, 2001, Lot 4323, where it was described as follows: "1882 $50 Second Charter Brown Back, Fr-508, VG. Although this high denomination Brown Back has the body of a slightly higher grade, it was torn in half in a long, curved tear, and was rejoined with a piece of adhesive tape on the back. Otherwise the note is acceptable, with nice black pen signatures. This is only the second known example from this bank--the other is from the Philpott collection and has never been publicly available. Neither Irish nor Everson was able to locate a specimen for their respective collections. Only 86 sheets of $50 Brown Backs were issued by this bank (three per sheet, with the fourth note a $100), the smallest amount of any denomination--yet it is curious that both of the two known notes are of this rare type. This bank was chartered in 1883 and liquidated in 1919."