LOT #12985 |
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Fairbanks, AK - $5 1902 Red Seal Fr. 587 First NB Ch. # (P)7718. ...
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Sold on Sep 10, 2009 for:
$29,900.00
Bid Source: Live: Floor bidder
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Description
Lovely Alaska Red Seal
Fairbanks, AK - $5 1902 Red Seal Fr. 587 First NB Ch. # (P)7718This lovely Alaska Red Seal comes from one of the early great discoveries of National Bank Notes, the appearance of five uncut sheets of Alaska Red Seals in the hands of Kansas dealer Joe Welles at the 1966 Central States show. Four of the sheets were sold at that event (for $1000 each), with the fifth being retained by Welles and later sold to John J. Ford. This example is the bottom note from one of those sheets, and has retained its bottom selvage. As the bottom note, there are a couple of folds through the selvage, along with a fold through the note, but the color, signatures, and fresh white paper resemble those of a note that left the bank this morning. The last Alaska Red Seal to sell was identical in grade and realized $42,550 two years ago. This About Uncirculated beauty should easily be worth as much or more today.
More information about Alaska National Bank Notes.
Auction Info
2009 September Long Beach, CA Signature CAA Currency Auction #3506 (go to Auction Home page)
Auction Dates
September, 2009
9th-13th
Wednesday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 5,631
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15% of the successful bid per lot.
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