#1 Red Seal DeLeon

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National Bank Notes > Texas

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DeLeon, Farmers & Merchants NB, S7553
Fr. 587 $5 1902RS #1
Grade: VF    

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A great find for Texas is this recently discovered #1 Red Seal on this Comanche County town that had two national banks. This bank was chartered to issue Red Seals and 2,352 sheets of $5, $10 and $20s were issued. Now there are two Red Seals known, including this evenly circulated #1; the entire state has only eleven #1 Red Seals known. Excellent pen signatures of J. D. Laney, Vice President and W.S. Whaley, Cashier. Purchased from Whaley relatives in April 2004. --- Jess Lipka Red Seal Collection --- Jess Lipka Red Seal Collection

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