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The Midwest Summer Sale 2007
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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 $20.00. Elgin, IL Charter# 7236 Red Seal. F. 1902 $20.00. Elgin, IL Charter# 7236 Red Seal. F.
Lot Title: 1902 $20.00. Elgin, IL Charter# 7236 Red Seal. F.
Description: The Union National Bank of Elgin, Illinois. The ink color remains strong and rich, but the remainder of the note has more of an antique paper look. Decent signatures and no tears or pinholes.

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: $1,500.00
High Estimate: $1,900.00
Lot Status: Bidding has been closed for this lot.
Hammered Price: $1,500.00
Price Realized: $1,725.00
1902 $20.00. Elgin, IL Charter# 7236 Red Seal. F.
1902 $20.00. Elgin, IL Charter# 7236 Red Seal. F.

Price history for items of the same classification:
Lot #AuctionCurrent Bid or Hammer PriceDescription
28The Collectors' Auction 2007 on 10/19/2007$500.00
1902 $10.00. Elgin, IL Charter# 7236 Blue Seal. AU.
The Union National Bank of Elgin, Illinois. Probably not as pure of a white as you would expect for the grade, and the red signatures are over 60 percent faded, but this note is still very near the...
40The Midwest Summer Sale 2007 on 07/27/2007$425.00
1902 $10.00. Elgin, IL Charter# 7236 Blue Seal Date Back. F.
The Union National Bank of Elgin, Illinois. Popular note on Elgin. The paper quality is almost nice enough to call VF, but the raggedness of the margins probably only allow for the Fine grade.
41The Midwest Summer Sale 2007 on 07/27/2007$450.00
1902 $10.00. Elgin, IL Charter# 7236 Blue Seal. VF.
The Union National Bank of Elgin, Illinois. Bright signatures, and a note that looks much more appealing than a typical VF. There is a staple track, but the paper is still crisp and bright.
36The Collector's Auction on 10/20/2006$1,200.00
1902 $50.00. Elgin, IL Charter# 1365 Blue Seal Date Back. VF.
The First National Bank of Elgin, Illinois. Bright paper for a VF that shows extremely bold signatures and rich blue color. There are a number of pinholes in and around the portrait area, but this...
30The Midwest Summer Sale 2006 on 07/21/2006$675.00
1929 $50.00. Elgin, IL Ty. 1. VF.
Charter# 2016. The Home National Bank of Elgin, Illinois. From the rarest of the four Elgin Banks that issued small size only -- just four are reported. This large denomination example is void of...

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