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Auction: 316 - The Collector's Series
Lot: 988

MN. St. Paul. Ch.M2959. St. Paul National Bank. $10. 1902 RS. Fr. 613. No.D955323/9237. Plate C. VF, with good color, excellent margins, and legible stamped signatures. An attractive state capital red seal on a very scarce bank.

Previously offered as Lot 19683 of Heritage CAA´s Jan. 9, 2003 sale, in which it realized $2,400.00 plus the buyer´s premium. This note has a striking appearance. Unlike most 1902 series notes, the city is not enclosed in a ´tombstone´. The ´open layout´ is reminiscent of an early 1882 Series $5 Brownback. This bank was in business from 1883 to 1906, only issuing 1882 Brown Backs and 1902 Red Seals. The census shows two 1882 Brown Backs and eight 1902 Red Seals reported for this bank.

Sold for
$2,400