Bank Of New England - One Dollar

I'm going to guess it was a test piece or a mistake. It is missing the signatures that would have allowed it to be used. Someone did write in the number on the top ....maybe before the printing error was noticed ...?

I am certainly no expert on obsolete bank notes but your note is the same as those currently listed on ebay. Here is a nice one, unsigned as is yours.

http://www.ebay.com/itm/1800s-1-The...AOSwEgVWR-o2

If you are really interested in Connecticut notes, Krause has a downloadable resource, but probably more money than most would want to pay.

http://www.krausebooks.com/obsolete-connecticut

This is obsolete currency. Your note is what is considered a remainder due to the fact it was never signed and issued for circulation. What you see on the back is common for a lot of obsolete currency and some notes had absolutely nothing on the back. $50-$75 range for this note.

The same reason the Declaration of Independence is only written on one side - they said everything that needed to be said. In those days, accepting banknotes was a crapshoot all around, there were fakes everywhere, some with better quality than the genuine article, and you never knew if a non-local bank had gone out of business or would refuse to pay due to lack of good funds in their coffers. Having notes signed was not intended to protect the bearer of the bill, but to allow the bank to disavow it if the signatures were 'off'.

I started collecting obsolete currency in the early 1970's, when the average price of a note was $3.00 to $15.00 each & uncut remainder sheets from 4 sold for $35 to $75 a sheet...

Many of notes printed in that time period were printed on one side only..

It was common for Southern States to take sheets of Fractional Currency, and print $1.,$2,,$3.,$5. & $10.00 Notes at a 90° angle on the reverse side...

I used to have a few of those sheets also, before selling my 20+ year collection in the late 90's to focus my attention on errors...

I see many ignorant sellers on ebay listing common notes as errors (the fractional reverse rotated 90° from the Dollar amount on the other side)...

I guess it is easier to retain information when the collector had to purchase books and read, read then read some more...

I know when I search for some information online, I find that I don't retain the information like I do on Obsolete Currency Books I started reading at the local Library in 1968...

My 1st Currency Library Book was Grover Criswell Jr.'s North American Currency, and in the mid 70's I not only ordered a Autographed edition from him, I was on his Mail list and purchased numerous notes from him...

I still have the Book in "like new" condition & indexed each State for easy access when looking for Notes.

When I find the time, I will post some pages showing current (1960's) values...
I just checked your note and the retail value listed for uncirculated was $1.95 , I tried posting photos from the page showing the Banks $1..00, $2.00 & $3.00 Notes from my tablet, but the size was to large...
Some of the answers here are amusing...

Broken-Coin, nice!