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Fairbanks, AK - $5 1902 Red Seal Fr. 587 First NB Ch. # (P)7718. ...

Lot: 12985, Auction: 2009 September Long Beach, CA Signature CAA Currency Auction #3506

Sold for: Sign-in or Join (free & quick)
Ended: Sep 9, 2009
Item Activity: 1 Internet/mail bidders
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Description:

Lovely Alaska Red Seal

Fairbanks, AK - $5 1902 Red Seal Fr. 587 First NB Ch. # (P)7718
This 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.

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Previous Prices from Heritage Auctions

Lot Date Realized
Auction 418, Lot 16253 Friday, September 15, 2006 $27,600.00
Auction 290, Lot 3105 Saturday, May 18, 2002 $28,750.00
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Previous Prices from Heritage Auctions

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