This appears to be a remainder note (one that was never issued) from Vermont. Your note appears to be authentic and the paper quality you are describing is accurate of a note from this era. I have several obsolete notes and they were all printed on extremely thin paper. Nothing like what notes from today are printed on. They are so thin that it's amazing to me how any has survived for this long.
Crazyb0... one reason it looks so nice is that it never circulated since it was never issued by the bank.
I'm not sure of the history of this bank but just doing a quick ebay search shows that there were several notes that were never issued.
Crazyb0... one reason it looks so nice is that it never circulated since it was never issued by the bank.
I'm not sure of the history of this bank but just doing a quick ebay search shows that there were several notes that were never issued.



















