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National Bank Notes > Michigan

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Saginaw, Second NB, 1918
Fr. 628 $10 1902ND
Grade: PCGS Ch. New 63 PPQ    

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Certainly a common enough bank but one which is never encountered in this condition. The $5 Plain Backs have a run of CU examples and those have tended to realize around $500 or so in recent years. For this $10 denomination the story is much different as there are only half a dozen or so and this is far and away the nicest one. This same note realized over $800 in a 2012 Heritage sale and it should be better received this evening.

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