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The Midwest Summer Sale 2006
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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 $10.00. Spirit Lake, Iowa Blue Seal. VF. 1902 $10.00. Spirit Lake, Iowa Blue Seal. VF.
Lot Title: 1902 $10.00. Spirit Lake, Iowa Blue Seal. VF.
Description: Charter# 4758. The First National Bank of Spirit Lake, Iowa. From Iowa's popular resort area and near the hometown of the Higgins Museum. The paper is mostly toned, and there are a couple of dark toning spots seen on the margins -- but the layout is positive, and the signatures remain legible. Staple tracks are seen to the left of McKinley. Very crisp for the grade.

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: $850.00
High Estimate: $1,000.00
Lot Status: Bidding has been closed for this lot.
Hammered Price: $850.00
Price Realized: $977.50
1902 $10.00. Spirit Lake, Iowa Blue Seal. VF.
1902 $10.00. Spirit Lake, Iowa Blue Seal. VF.

Price history for items of the same classification:
Lot #AuctionCurrent Bid or Hammer PriceDescription
16The Midwest Winter Sale 2008 on 02/08/2008$1,725.00
1902 $10.00. Spirit Lake, IA Charter# 8032 Blue Seal. PMG AU-53.
The Spirit Lake National Bank Spirit Lake, Iowa. There is only one note reported on this bank that grades higher, at CU, and a staple track to the left (observed) of McKinley appears to be the sole...
8The Midwest Summer Sale 2007 on 07/27/2007$9,750.00
1902 $10.00. Spirit Lake, IA Charter# 8032 Red Seal. VF.
The Spirit Lake National Bank Spirit Lake, Iowa. If there is another Red Seal example out there, it is in hiding as this is the only one currently reported. It shows great signatures, originality,...
15The Collector's Auction on 10/20/2006$825.00
1929 $20.00. Spirit Lake, IA Charter# 13020 Ty. 1. F.
First National Bank in Spirit Lake, Iowa. Popular town from which small size nationals are seldom seen. This note is from the only bank in the town that issued small size. It is original and...

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