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    Description

    Unique for the Bank & Town

    Beattyville, KY - $10 1902 Date Back Fr. 616 The NB of Beattyville Ch. # (S)7751
    This note represents a true miracle of survival, as it is the only example known from the only bank in this small county seat community. The bank was only open from 1905 through 1910, and issued Red Seals and Date Backs in miniscule quantities, with a total emission of barely $60,000. By 1916, six years after this institution had been placed in receivership for mismanagement, a mere $1645 of that amount remained outstanding. This represents only the second public offering for this item, with the first coming when Mr. Gale obtained the note in the Martin collection sale, where it realized $7475. Unique then and unique now, it represents an absolute "must have" item for the serious Kentucky collector, and is worth whatever it takes to get it bought tonight, for this may be the last opportunity for any collector to add a note from here to his holdings for a decade, a generation, or forever. Fine.


    View all of [The Bill Gale Collection of Kentucky Nationals ]

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    Auction Info

    Auction Dates
    January, 2006
    5th-7th Thursday-Saturday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 335

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