West Texas Rarity

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National Bank Notes > Texas

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Lubbock, First NB, S6195
Fr. 613 $10 1902RS
Grade: F/VF    

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This note, from the home of Texas Tech, is lucky to have survived. The bank was chartered in 1902 and liquidated in 1915, issuing 2,400 sheets of $10-10-10-20 Red Seals and some Date backs. It's surprising to have one here with a survival rate of 1 to nearly 16,000. This is the only Red Seal known, along with two Date backs. It's a pleasing F/VF with excellent color and clear pen signatures of O.L. Slaton, Vice President and W.S. Posey, Cashier. From the J.L. Irish collection, August 1997. --- Jess Lipka Red Seal Collection --- Jess Lipka Red Seal Collection

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