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Dardanelle, AR - $5 1902 Plain Back Fr. 606 The First NB Ch. # 11276. ...
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Sold on Sep 10, 2009 for:
$3,450.00
Bid Source: Live: Floor bidder
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Description
Excessively Rare Dardanelle Note
Dardanelle, AR - $5 1902 Plain Back Fr. 606 The First NB Ch. # 11276This rarity was last offered in our May, 2001 Chicago sale, where we described it as follows: "An excessively rare note from the only bank to issue in obscure Yell County. Only large notes were issued, and, by the time the bank disappeared in 1934, the outstanding balance was a miniscule $575. In over 60 years and 260,000 plus offerings of National Bank Notes, we have recorded only one offering from here, with that coming back in 1999 when we sold a torn and depressingly ugly example for just under $1500. This piece, which blows the other away in appearance, will likely double that realization. Nice Fine-Very Fine, with sharp purple signatures." The number of National Bank Note appearances we now have recorded has reached 340,000, but we are still at the same number in 2009 as we were in 2001 for this bank...two. It would not surprise us at all to see the 2001 price realization of $3740 be doubled again here as the true rarity of this note is appreciated by collectors.
More information about Arkansas National Bank Notes.
Auction Info
2009 September Long Beach, CA Signature CAA Currency Auction #3506 (go to Auction Home page)
Auction Dates
September, 2009
9th-13th
Wednesday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 500
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15% of the successful bid per lot.
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