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Carmen, OT - $10 1902 Red Seal Fr. 613 The First NB Ch. # (W)6719. ...
Lot: 13583,
Auction: 2009 September Long Beach, CA Signature CAA Currency Auction #3506
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| Sold for: | Sign-in or Join (free & quick) |
| Ended: | Sep 9, 2009 |
| Item Activity: |
2 Internet/mail bidders
 1,240 page views |
Description:
New to the Census Unique Serial Number 1 Territorial Red Seal
Carmen, OT - $10 1902 Red Seal Fr. 613 The First NB Ch. # (W)6719An incredible note in every respect, and one of the most amazing highlights of an amazing collection. This bank issued Territorial Red Seals only for less than two years before liquidating in February of 1905, with a total printing of only 286 sheets. By 1910, a scant five years later, with Red Seals still in active circulation, the amount outstanding had already dropped to just $650. This serial number 1 example is new to the census and is being offered here for the first time to the numismatic community. It is unique for the bank, and, considering the statistics here, certainly qualifies as a true miracle of survival. The note is absolutely new and has certainly never seen circulation, but there is a bit of light aging to the paper. The pen signatures are clear and bright, and the overall appearance simply mesmerizing. Any estimate here is only a surmise, for whatever figure this unique Territorial brings tonight, it can not be duplicated for double, triple, or any amount tomorrow. Crisp Uncirculated. Estimate: $50,000 - $70,000.
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(Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)This lot is in: Currency Auctions of America - Heritage Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 12001-15479)
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Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Realized |
|---|---|---|
| Auction 3506, Lot 13581 | Sunday, September 13, 2009 | $16,100.00 |
| Auction 3506, Lot 13615 | Sunday, September 13, 2009 | $20,700.00 |
| Auction 3506, Lot 13597 | Sunday, September 13, 2009 | $32,200.00 |
| Auction 3506, Lot 13575 | Sunday, September 13, 2009 | $48,875.00 |
| Auction 424, Lot 16413 | Saturday, January 6, 2007 | $13,800.00 |
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Previous Prices from Heritage Auctions |
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