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    Montrose, CO - $5 1902 Plain Back Fr. 598 The Montrose NB Ch. # (W)7288. ...

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    National Bank Notes:Colorado, Montrose, CO - $5 1902 Plain Back Fr. 598 The Montrose NB Ch. #(W)7288. ...
    National Bank Notes:Colorado, Montrose, CO - $5 1902 Plain Back Fr. 598 The Montrose NB Ch. #(W)7288. ...
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    Description

    Montrose, CO - $5 1902 Plain Back Fr. 598 The Montrose NB Ch. # (W)7288
    This is by far the scarcer of the two banks chartered here, with only four large notes reported, none of which have been offered at public sale in the past eight years. The appearance of this note and its sheet mate back in 2006 caused a near riot amongst Colorado collectors, with the first of the two selling for more than $25,000 in our Central States sale that year. Prices have since retreated to more sane and defensible levels, with the last offering in 2008 realizing just under $5500. Lovely PCGS Very Fine 30PPQ, with bright white paper, bold inks, and terrific eye appeal.

    Auction Info

    Auction Dates
    Apr-May, 2016
    27th-2nd Wednesday-Monday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 156

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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