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National Bank Notes > Indiana

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West Baden, NB, M6388
Fr. 587 $5 1902RS
Grade: VF/XF    

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This very scarce bank in Orange County issued 392 sheets of $5-5-5-5 Red Seals and 333 sheets of $10-10-10-20 Red Seals, as well as some later Blue Seals. Just $670 in large size remained outstanding in 1935. No wonder only four large examples are recorded. While a small note from this one-bank town was offered last year, the only large example offered publicly was this very note, with its most recent appearance in my April 1996 sale. Quite attractive with a tiny spot of ink erosion on the cashier's signature. Signed in pen by Lee. W. Sinclair, President and F.J. Persise, Cashier. --- Jess Lipka Red Seal Collection --- Jess Lipka Red Seal Collection

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