Description

    Lovely District of Alaska Red Seal

    Fairbanks, AK - $5 1902 Red Seal Fr. 587 First NB Ch. # (P)7718
    This lovely Alaska Red Seal comes from one of the early great discoveries of National Bank Notes, the appearance of five uncut sheets of Alaska Red Seals in the hands of Kansas dealer Joe Welles at the 1966 Central States show. Four of the sheets were sold at that event (for $1,000 each), with the fifth being retained by Welles and later sold to John J. Ford. This example is the top note from one of those sheets, and has retained its top selvage. While some very light handling has precluded PMG from assigning a CU grade to this pretty specimen, the color, signatures, and fresh white paper resemble those of a note that left the bank this morning. Two years ago, a PCGS About New 53PPQ example sold at auction for $32,900. This PMG About Uncirculated 55 EPQ specimen should do a bit better.


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    Auction Dates
    September, 2017
    6th-12th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 2
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