Spring 2024 Auction – 25 - 28 March 2024
Live Sessions: U.S. Coins and Currency, Physical Cryptocurrency
Part 2: Mo, 25.03.2024, from 11:00 PM CET
Part 3: Tu, 26.03.2024, from 5:00 PM CET
Part 4: Tu, 26.03.2024, from 9:00 PM CET
Part 5: We, 27.03.2024, from 4:00 PM CET
Part 6: We, 27.03.2024, from 8:00 PM CET
Part 7: We, 27.03.2024, from 10:00 PM CET
Part 8: Th, 28.03.2024, from 5:00 PM CET
Part 9: Th, 28.03.2024, from 6:00 PM CET
Part 10: Th, 28.03.2024, from 8:00 PM CET
Description
Evergreen, Alabama. $10 1902 Red Seal. Fr. 613. First NB. Charter #7687. PMG Choice Uncirculated 64 EPQ.
A name arguably more befitting of Washington State rather than Alabama, the present example hails from a small town located in Conecuh County just off Interstate 65. Chartered in 1905 amidst a loosening of criteria which allowed the creation of banks in small towns with a capitalization of only $25,000. Today, the First National Bank of Evergreen is a scarce issuer with only a total 19 surviving notes including this example, a fate which many notes from comparable institutions did not share. Preserved as part of a small run $10 Red Seals, this note appears as original as the day it was likely forgotten almost 120 years ago, a situation which spared it from eventual redemption. Noted for "Exceptional Paper Quality" by PMG.
Estimate: $2000.00- $3000.00
Question about this lot?
Bidding
| Price realized | 2'000 USD |
| Starting price | 1'200 USD |
