Lot #3437 - Merkel, NB, S7466
Unique For Bank Red Seals Only
National Bank Notes > Texas
Merkel, NB, S7466
Fr. 613 $10 1902RS
Grade: Fine +
This town had four national banks, with three being rare and one unreported. This bank was only in business for three years, 1904 to 1907, and issued just 222 sheets of Red Seals only. It's truly a miracle of survival. This note is problem free with even circulation and excellent pen signatures of Jos. H. Warnick, President and J.F. Provine, Cashier. It shows a $20,000 Kelly premium so the sky is the limit. It's not surprising that this note came from the J. Everson collection 1997, as Jack knew the great ones! --- Jess Lipka Red Seal Collection --- Jess Lipka Red Seal Collection
Current Bid:
$ 7,500.00
Estimate:
($ 12,500.00 - $ 25,000.00)