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Description

Newly Reported Serial Number 1 Vermont Red Seal

Serial Number 1 Brattleboro, VT - $5 1902 Red Seal Fr. 587 The Vermont National Bank Ch. # (N)1430 PMG About Uncirculated 55.
A fantastic new discovery from the Green Mountain State as this is just the fifth serial number 1 Red Seal to be reported and the first that we have been able to offer in over 30 years. It joins two other number 1 Red Seals reported from this bank as well as single examples from Fairhaven and North Bennington. However, those latter two pieces have not made a public appearance in over twenty years, leaving very few options for today's collectors. This "A" position offering is a quite lovely note with great color and dark signatures. PMG has mentioned a restoration but nothing is readily apparent, even after close examination. As a point of comparison, the "B" position number 1 $5 note, in a PMG 58 holder with a couple of pinholes, sold at auction for $14,100 in 2016, indicating the rarity and desirability of these Vermont trophy notes. A great note that will be a source of pride to one lucky bidder tonight.


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Auction Info

Auction Dates
May, 2022
4th-7th Wednesday-Saturday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 239

Buyer's Premium per Lot:
20% of the successful bid per lot.

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Sold on May 5, 2022 for: $6,000.00
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