Impressive $50 Red Seal

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National Bank Notes > Rhode Island

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Providence, NB, N1302
Fr. 664 $50 1902RS
Grade: VF/XF    

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With only ninety-four $50 Red Seals known in the entire country it shows how big a deal it is to have seven from this bank. The bank issued 7,500 sheets of $5-5-5-5, 2,500 sheets of $10-10-10-20 and 4,600 sheets of $50-100 Red Seals. That's a bunch of sheets compared to other big banks. This note is quite nice appearing with excellent color and centering, with just four pinholes. The pen signatures of R.I. Gammell, President and A.R. Matteson, Cashier are excellent. From L. Knight, October 1996. --- Jess Lipka Red Seal Collection --- Jess Lipka Red Seal Collection

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