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Sale 103
February 18-21 2018 Pre Long Beach Sale
| National Bank Notes - Large |
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| Lot |
Photo |
Description |
Realized |
Lot 1513 |
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Fr-466. 1882 Brown Back, $5 National Bank Note. The First National Bank, Westport, CT. Charter #394. PCGS Very Fine 20. Only three second charter notes are reported from this ever-popular bank, with this the highest grade of the trio. It is a solid mid-grade example, tightly margined as is typical of "New England trim" banks, with solid eye appeal that is enhanced by bold pen signatures. Its last appearance was two decades ago in the CAA FUN sale in January, 1998, where it brought $3960. The popularity of notes from this community has not decreased since then, and any appearance of an example is worthy of attention. Estimate Value $8,000 - 10,000
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| Realized
$14,100 |
Lot 1514 |
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Fr-587. 1902 Red Seal, $5 National Bank Note. The First National Bank, Cortland, NY. Charter #226. PCGS Very Fine 35PPQ. An incredible rarity from a bank that is represented by only four examples, all large size, in the census of surviving National Bank Notes, this note has the added bonus of being a serial number 1 Red Seal. It's from the "D" plate position, and has outstanding pen signatures of the bank officers. Although the margins are a little tight, exhibiting a "New England" trim which isn't unusual from New York small town banks either, the paper is bright and completely original, and the colors and inks are bold and provide excellent contrast. The red overprint is particularly vivid. This "trophy note" last sold for almost $7500 in a Stacks sale back in 2010, and we expect a number of collectors to offer strong bids today. Estimate Value $8,000 - 12,000
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| Unsold |
Lot 1515 |
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1882, $20 National Bank Note. Citizens NB of Louisville, KY. Fr-501. KL-1266. Second Charter #2164 Brown Back. CGA Gem Uncirculated 68. A flawless treasure with huge margins and bright original surfaces. Unimprovable quality on a popular State. Estimate Value $7,500 - UP
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| Unsold |
Lot 1516 |
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1902, $10 National Bank Note. The Merchants NB of City of New York, NY. Fr-613. KL-1216. Red Seal charter #1370. PMG graded Very Fine 20. Estimate Value $300 - 350
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| Realized
$400 |
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