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National Bank Notes > Iowa

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Olin, First NB, M7585
Fr. 613 $10 1902RS
Grade: VG/Fine    

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A rare Iowa town in Jones County that has always been elusive. This bank was chartered in 1905 and closed in 1926. The bank began printing Red Seals with 1,050 sheets of $10-$10-$10-$20 and only two have survived. This came from the J. Burco Collection in 2005. It has excellent pen signatures of Geo. W. Huber, President, and M. H. Crissman, Cashier, and honest, even wear. It cost almost $7,200 when it sold on eBay in 2004. --- Jess Lipka Red Seal Collection --- Jess Lipka Red Seal Collection

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