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    Description

    Lone Finest Large Size Offering Ever From Arizona

    Tucson, AZ - $5 1902 Plain Back Fr. 602 The Consolidated NB Ch. # 4287
    This beautiful note pass through our auctions back in 2011. It was described, "A spectacular Arizona note which might well be the finest large example known from both this Tucson bank and the entire state. It's one of only three pieces grading CU or better in the census from this institution, and the only one to be graded Gem New 65 by a third party grading service. Any superlatives used in cataloguing are in order here, as the paper is blast white, the imprint and colors as bold as the day the note left the Bureau, the signatures as bright and clear as the moment they were applied at the bank, and the margins even on both the front and back. The last uncirculated Tucson note to cross the auction block was a Plain Back $20 graded 64 by PMG which sold for $23,000 back in 2008. This example is both nicer and a $5, making it a strong contender for any collector hoping to assemble the ultimate state set of National Bank Notes. PCGS Gem New 65PPQ." In the intervening years, a 66PPQ has been graded by PCGS, but has not seen an auction. This piece didn't hit the $20,000 level as 2011 was a dismal year for the currency market and Nationals in general. As the single finest Arizona large size to ever make an auction appearance, that price is far more likely to be repeated than not.


    Auction Info

    Auction Dates
    January, 2018
    3rd-9th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 375

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