Serial #11 Near Gem Dunbar NB

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National Bank Notes > New York

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New York, Dunbar NB, 13237
Fr. 611 $5 1902ND
Grade: PMG Ch. UNC 64 EPQ    

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Poet Paul Lawrence Dunbar is the namesake of this Harlem institution, one of only a pair of banks operated by African Americans. It also bears the much scarcer Woods-Tate signature combination. Bright and superbly margined with great centering and mountainous embossing. A bank well known for its supply of low serial number sheets, although that does not seem to hamper its valuation in the least. This year a $10 with serial #7, grading PMG 64 (NO EPQ) sold for $1,880. In the doldrums of the 2009 market we sold serial #14, also PMG 64 (no EPQ) for $1,150 and a few years ago serial #19, PCGS 64 (no PPQ) for about $1,100. This is what statistical analysts call a trend.

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