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Description

Spectacular Blackwell Territorial Red Seal

Blackwell, OT - $10 1902 Red Seal Fr. 613 The State NB Ch. # (W)7583
A truly extraordinary Territorial Red Seal which is the nicer of the two examples known from this very short lived bank, whose existence from organization to liquidation spanned less than four years. This institution issued only 476 sheets of Territorial Red Seals and 294 sheets of state Red Seals before closing in 1908. The census from here is made up of two notes, this piece, which last sold in the Irish collection sale of August, 1997, where it realized the then extraordinary amount of $20,900, and a second example, bearing serial number 1 and not quite as nice as this piece, which realized $86,250 in March of 2006. If a nicer Oklahoma Territory Red Seal exists, we've yet to see it, as this note displays pure white paper, a blazing red overprint, good centering, and truly marvelous eye appeal, along with purple pen signatures of E.P. Blake and C.I. Blake. Choice About Uncirculated, a real wonder note which is worth whatever it takes to bring it home tonight.


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Auction Info

Auction Dates
September, 2009
9th-13th Wednesday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 1,197

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Sep 10, 2009 for: $48,875.00
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