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The Midwest Summer Sale
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.

(About The Images)
1902 $5.00. Newark, NJ Charter# 12771 Blue Seal. PMG VF-35 EPQ. 1902 $5.00. Newark, NJ Charter# 12771 Blue Seal. PMG VF-35 EPQ.
Lot Title: 1902 $5.00. Newark, NJ Charter# 12771 Blue Seal. PMG VF-35 EPQ.
Description: Labor National Bank of Newark, New Jersey. Looks much nicer than the assigned VF grade, no doubt because of the EPQ. A very minor tear at the upper right corner is noted. Four large reported on Newark.

This lot may contain an item not certified by ANACS, PCGS, or NGC. While Scotsman Auction Co. is typically conservative in our descriptions of items not certified by one of these companies, we cannot guarantee our grading estimation will match their grade. We highly recommend that collectors seeking items certified by a third-party grading service only bid on items that have already been certified. No lot can be returned because of a variance in judgment with regards to grade.
Low Estimate: $800.00
High Estimate: $1,000.00
Lot Status: Bidding has been closed for this lot.
Hammered Price: $2,000.00
Price Realized: $2,300.00
1902 $5.00. Newark, NJ Charter# 12771 Blue Seal. PMG VF-35 EPQ.
1902 $5.00. Newark, NJ Charter# 12771 Blue Seal. PMG VF-35 EPQ.

Price history for items of the same classification:
Lot #AuctionCurrent Bid or Hammer PriceDescription
122The Midwest Summer Sale on 07/26/2013$975.00
Run of six 1929 $5.00. Newark, NJ Charter# 9912 Ty. 1. all PMG AU-58...
New Jersey National Bank and Trust Company of Newark, New Jersey. Any slight bend that bars a CU grade has been suppressed by the holders, meaning these look as crisp and new as can be, especially...
24The Midwest Summer Sale 2010 on 07/23/2010$310.00
1902 $5.00. Newark, NJ Charter# 9912 Blue Seal. PMG VF-30 EPQ.
The Broad and Market National Bank of Newark, New Jersey. Thick, wide signatures are a little faded, but easy to read due to width of brush strokes. They certainly aren't going anywhere! Well...
15The Midwest Summer Sale on 07/24/2009$1,900.00
1902 $5.00. Newark, NJ Charter# 12771 Blue Seal. PMG VF-35 EPQ.
Labor National Bank of Newark, New Jersey. Scarce Labor titled note, the first of three in this sale with only four large reported (!), these three being previously unreported. Very attractive for...
16The Midwest Summer Sale on 07/24/2009$1,700.00
1902 $5.00. Newark, NJ Charter# 12771 Blue Seal. PMG VF-35 EPQ.
Labor National Bank of Newark, New Jersey. Fresh and radiant paper for this rare Newark note with four large reported. Minor center fold must be what prevented an XF grade, but this sure is a nice...

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