Rare Type

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National Bank Notes > Michigan

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Ionia, NB, M5789
Fr. 563 $50 1882DB
Grade: VF    

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This is one of the six $50 1182 Date Backs known from this community. This bank was chartered in 1901 with barely time to get this type printed. The bank has 25 1902 Blue Seals known as well. Here is a great type for the state. It has excellent pen signatures and even circulation. The last example, in similar grade, realized $5,750 in 2008. This is certainly a desirable note with under 200 examples known from the entire country. The Dr. Wallace Lee Collection.

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