The Midwest Summer Sale 2012
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.
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(About The Images)
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Lot Title:
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1902 $5.00. St. Joseph, MO Charter# 6272 Red Seal. AU.
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Description:
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The Tootle-Lemon National Bank of St. Joseph, Missouri. Bright red seal note on St. Joseph with huge cashier and jumbo president's signatures. "Tootle-Lemon" is a term one certainly doesn't hear every day. Per volume LXX (January to June) of the 1905 Bankers' Magazine: "He was born at Shepherdsville, Ky., in August, 1833, and at the age of nineteen went west, and finally located at Saint Joseph, where he first became clerk in a store and later was taken into partnership. In 1884 he became President of the Merchants' Bank, of which he had been a director for some time previously. In 1890, with Milton Tootle, Jr., and Thomas E. Tootle, he established the private bank of Tootle, Lemon & Co., which was successfully conducted for three years and then was merged into the present Tootle-Lemon National Bank, of which Mr. Lemon became President. He was a fine type of a successful self-made business man, and had amassed a fortune estimated at about $1,000,000."
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.
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Low Estimate:
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$2,400.00 |
High Estimate:
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$2,800.00 |
Lot Status:
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Bidding has been closed for this lot. |
Hammered Price: |
$2,000.00
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Price Realized:
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$2,300.00 |
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Price history for items of the same classification:
Lot # | Auction | Current Bid or Hammer Price | Description |
99 | The Midwest Summer Sale 2012 on 07/27/2012 | $1,700.00 |
1902 $20.00. St. Joseph, MO Charter# 8021 Red Seal. VF.
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The Burnes National Bank of St. Joseph, Missouri. Hard to find in this nicer grade and especially for a $20. Extremely tight bottom margin but both signatures are very attractive and bold as can be.... |
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104 | The Midwest Winter Sale 2007 on 02/09/2007 | $550.00 |
1902 $5.00. St. Joseph, MO Charter# 4939 Blue Seal. CHCU.
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The First National Bank of St. Joseph, Missouri. A bright, crisp, and original example of the engraved signatures type. The top margin is cut tight, but the embossing is more than commendable. |
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99 | The Collector's Auction on 10/20/2006 | $220.00 |
1902 $10.00. St. Joseph, MO Charter# 4939 Blue Seal. F.
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The First National Bank of St. Joseph, Missouri. Solid layout and signatures with a couple of tiny pinholes. About what you would expect for a nice Fine. |
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100 | The Collector's Auction on 10/20/2006 | $360.00 |
Two Sequential 1929 $5.00. St. Joseph, MO Charter# 8021 Ty. 1. XF.
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The Burnes National Bank of St. Joseph, Missouri. Bright, crisp, and with original embossing seen on each. One would be an AU example if not for the small rust spots on the back. |
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