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Blackwell, OK- $10 1902 Red Seal Fr. 613 The State National Bank Ch. # (W)7583 PMG About Uncirculated 55 EPQ.. ...
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$31,200.00
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Description
Attractive and Rare Blackwell Territorial Red Seal
Blackwell, OK- $10 1902 Red Seal Fr. 613 The State National Bank
Ch. # (W)7583 PMG About Uncirculated 55 EPQ.A great Oklahoma Territorial rarity, this note was last on the market in our 2009 Long Beach auction where we said, "A truly extraordinary Territorial Red Seal which is the nicer of the two examples known from this very short lived bank, whose existence from organization to liquidation spanned less than four years. This institution issued only 476 sheets of Territorial Red Seals and 294 sheets of state Red Seals before closing in 1908. The census from here is made up of two notes, this piece, which last sold in the Irish collection sale of August 1997, where it realized the then extraordinary amount of $20,900, and a second example, bearing Serial Number 1 and not quite as nice as this piece, which realized $86,250 in March of 2006." Sixteen years later, it remains the finest of the two notes reported from this excessively rare issuer and is the first of the pair to make a public appearance since that time. It is still just as pretty as it is rare, featuring bright paper, a blazing red overprint, good centering, and wonderful overall eye appeal. While we do not expect it to fetch the almost $50,000 realization that it achieved in the halcyon days of 2009, it is still rare and desirable enough to bring a strong five-figure price.
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Auction Info
2025 October 7 - 10 GACC U.S. Currency Signature® Auction #3599 (go to Auction Home page)
Auction Dates
October, 2025
7th-10th
Tuesday-Friday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 181
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