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    Attractive & Much Sought After Tombstone, Arizona National

    Tombstone, AZ - $10 1902 Plain Back Fr. 628 The First NB Ch. # 6439
    This marks only the third opportunity we have had to offer a note from this legendary Old West community known as "The town too tough to die" and famous as the scene of the fabled gunfight at the OK Corral. Once a thriving boomtown of 15,000 people sitting atop massive silver deposits worth, by some estimates, fifty to seventy five million dollars, the town shrunk nearly to extinction by the time this bank received its charter, with the population dwindling to under 1000 early in the 20th century. Notes from this bank, the only issuer in Tombstone, have always been regarded as ultimate trophy items, and for the longest time their appearances were measured in decades rather than years. In the past decade, with the sale of Peter Huntoon's Arizona holdings along with the timely appearance of a very small number of notes from the family of bank President Mary Costello, collectors have been granted a window of opportunity to own an example from this highly sought-after bank. That window appears to be closing rapidly, however, as Track & Price has recorded only one offering from this institution since 2011 with that piece, grading a weak Fine, fetching over $20,000 two years ago. This example displays even, problem-free circulation, nice color, and the purple stamped signature of Ruth Costello as vice president. PCGS Very Fine 20, a great historical artifact of Arizona that will likely see bidding reach or exceed...




    Auction Info

    Auction Dates
    January, 2016
    6th-12th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 1,944

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