1902 $10 Blue Seal National Bank Note

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Author	Replies: 10 / Views: 2,722
numis64 New Member France 4 Posts	Posted 09/21/2015 10:21 am Hi there, I'm trying to estimate the value of this $10 bill but I can't find much information about it on the internet... could you please help me with this? Thanks Edited by numis64 09/21/2015 11:04 am Report this Post to the Staff

denco7 Pillar of the Community United States 2543 Posts	Posted 09/21/2015 10:46 am Have you looked HERE for information ? Your title says " red seal" note, but your image shows a "blue seal" note? Edited by denco7 09/21/2015 11:04 am Report this Post to the Staff
numis64 New Member France 4 Posts	Posted 09/21/2015 11:16 am I have, the owner of the bill also exchanged a few emails with the website owner but he didn't manage to give him an accurate estimate... Quote: Your title says " red seal" note, but your image shows a "blue seal" note? Yup, wrong copy/paste... sorry for the typo. Edited by numis64 09/21/2015 11:22 am Report this Post to the Staff
MeadowviewCollector Pillar of the Community United States 4409 Posts	Posted 09/21/2015 12:36 pm Give me some time and I'll see what I can come up with. -MV Report this Post to the Staff
numis64 New Member France 4 Posts	Posted 09/21/2015 12:42 pm Thanks! Report this Post to the Staff
MeadowviewCollector Pillar of the Community United States 4409 Posts	Posted 09/21/2015 1:36 pm Okay here's what I've discovered: Heritage Auctions hasn't ever handled a $10 1902 Plain Back on this bank. Lyn Knight hasn't either. Both have sold notes from Series 1882. The most recent (at least from what I can see) sale was from Heritage in January 2012. a $5 sold for ~$1100 Value according to the 6th edition of National Bank Notes $1,000 for a note in Fine. To my eye, yours would grade at least Fine. If someone here has access to Track and Price they might be able to tell you if there is a more recent sales and up-to-date price. -MV Report this Post to the Staff
westernsky Pillar of the Community United States 7621 Posts	Posted 09/21/2015 3:30 pm My old Kelly book shows three notes known. There were around 3200 sheets in a 10-10-10-20 format printed, so that would make around 9600 $10 1902 notes printed. It is not "unknown" but I would consider it "rare" since Heritage or Lyn knight hasn't handled one. It's one of those things that would bring good money at auction IF you had a few aggressive "Noo Yawk" collectors competing for it. It has some staining in the upper right. Paper clip rust along with some water spotting is a guess. Yes, it does affect the grade, but not the value so much. If you were to walk it in to a coin shop you'd be lucky to get a couple of hundred dollars for it. Best route for a note like this is auction it and get it in front of the right bidders. It could go for 1500-2000 $ in my opinion. Good luck & welcome to the forums! Edited by westernsky 09/21/2015 3:33 pm Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 09/21/2015 4:20 pm Excellent input and advice, westernsky and MV. Report this Post to the Staff
numis64 New Member France 4 Posts	Posted 09/22/2015 07:20 am Thank you guys for all this information, I will pass it on to the owner ;) Report this Post to the Staff
CelticKnot Bedrock of the Community United States 12839 Posts	Posted 09/22/2015 11:30 pm Cool note and great info. I like that off-center portrait. Report this Post to the Staff
marccollection Valued Member 99 Posts	Posted 09/24/2015 9:49 pm * Edited by Staff - Please review the rules that you agreed to when you registered. * Report this Post to the Staff
	Replies: 10 / Views: 2,722

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