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Sherman, TX - $10 1902 Red Seal Fr. 613 The Merchants & Planters NB Ch. # (S)3159. ...
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Sold on Apr 25, 2013 for:
$1,527.50
Bid Source: Live: Floor bidder
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Description
Sherman $10 Red Seal
Sherman, TX - $10 1902 Red Seal Fr. 613 The Merchants & Planters NB Ch. # (S)3159A plain rare note as it is the only $10 Red Seal that is enumerated in the census for this Grayson County bank outside of the lone example that is locked away in the Philpott/Moody Foundation holdings. Also, not a single Red Seal on this charter number has crossed the auction block since 2001. The M&P circa 1900 was once the largest bank between St. Louis and Galveston due to having many railroad accounts and because it was a correspondent bank for many Territory of Oklahoma and Indian Territory institutions. This piece was once signed by the "Asst" cashier and "V" president. The Apparent grade is for having the lower left corner replaced. Deft hands accomplished this skillful repair, as it can only be viewed when the note is "candled," that is, held in front of a light source. PCGS Apparent Fine 12.
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Auction Info
2013 April 24 - 26 & 28 Currency Signature Auction - Chicago #3522 (go to Auction Home page)
Auction Dates
April, 2013
24th-28th
Wednesday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 407
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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