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Description

Rare Palo Alto Red Seal - First Offering From This Bank Since 2004

Palo Alto, CA - $10 1902 Red Seal Fr. 613 The First National Bank Ch. # (P)7069 PCGS Banknote Very Fine 20.
This is a great California rarity from the only bank in Palo Alto to issue large size notes. It is one of just five pieces in the census, none of which have been publicly offered since our auction of The Lowell Horwedel Collection in 2004. It is also one of just two Red Seals reported from this tough charter, neither of which have made a public appearance since 1991. While PCGS has noted some insignificant edge splits, this $10 is a pleasing, pen-signed example with a bold overprint and a very nice overall appearance for the grade. This trophy should be hotly pursued this evening.


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Auction Info

Auction Dates
Apr-May, 2025
29th-2nd Tuesday-Friday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 217

Buyer's Premium per Lot:
20% of the successful bid per lot.

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Sold on Apr 30, 2025 for: $9,000.00
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