Athena, OR - Ch. 4516 - $10 1902 Blue Seal

Athena, today a town of 1,100 people, was originally a stage coach stop between the early Pacific Northwest towns of Walla Walla, WA and Pendleton, OR. The First National Bank of Athena opened in 1891 and it survived throughout the national currency era and would be the only issuer for the town. Despite its longevity, I guess the bank never had much demand for paper money. Today the large count stands at two 1882 blue seals and, with this addition, three 1902 blue seals. The example here actually has really strong paper, it has just picked up some margin splits over the years. The other two 1902 blue seals are in similar grades and have never sold for less than $3,000.

Date Sold: 10/25/14

Realized Price: $1755