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Description

Major National Bank Note Error

Leon, IA - $20 1902 Plain Back Fr. 659 The Exchange NB Ch. # (M)5489
The last time a note appeared at auction from this bank was way back in 1996. This is a most interesting example to wait for in the interim as this $20 has a heavy blue ink transference on the back of the note of the Treasury Seal, the charter number, and the M geographic sort letter. Six of these ink transference errors are documented in the fourth edition of National Bank Notes by Don C. Kelly, but this is the only large National of the six. This is also the illustrated note in Kelly for this error. Kelly calls this type of error an "offset." No matter what the name, this is a truly neat error. Fine.


Auction Info

Auction Dates
September, 2008
17th-21st Wednesday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 673

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

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Sold on Sep 19, 2008 for: $4,312.50
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