Kansas City, MO - Ch. 8660 - 1902 $10 Red Seal
We were given the chance to look through an advanced national banknote collection and pick anything we wanted to auction. The search was over as soon as we hit this Kansas City red seal. This is really one of those notes you just have to see in person to appreciate. Of course you can tell it is nice just from the scan, but an in person inspection reveals so much more than a digital image can. It is a two fold XF/AU with four pinholes. The pen signatures are flowing. The paper is snowy white and the red overprint is blazing. Collectors are fortunate that something like this still exists today. The Central National Bank of Kansas City issued less than 3,000 total sheets of red and blue seals during its brief corporate existence between 1907 and 1910. Only one other note is known to exist. It is a far inferior red seal twenty and is listed as just being in Good condition. The current owner of this note bought it in 2000 from a Mr. Dahl. Mr. Dahl had owned the note for 39 years after acquiring it directly from the daughter-in-law of the president, FW Robinson. This is the first time it has been in a major auction and it is estimated appropriately for what such a rare and beautiful red seal should be worth in today's market.
Realized Price: Lot Passed