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The Midwest Winter Sale 2008
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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 Red Seal Fort Smith AR Charter# 7240 VF 1902 Red Seal Fort Smith AR Charter# 7240 VF
Lot Title: 1902 Red Seal Fort Smith AR Charter# 7240 VF
Description: The Merchants National Bank of Fort Smith, Arkansas. Just one other Red Seal example is reported on this bank, a serial #1 $10. This pleasing example is a low-end VF, but one that is original and showing nice color. There are no pinholes or tears, and the signatures are commendable, though the cashier's signature is off-centered so that only the top portion is visible.

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: $7,000.00
High Estimate: $9,000.00
Lot Status: Bidding has been closed for this lot.
Hammered Price: $6,500.00
Price Realized: -
1902 Red Seal Fort Smith AR Charter# 7240 VF
1902 Red Seal Fort Smith AR Charter# 7240 VF

Price history for items of the same classification:
Lot #AuctionCurrent Bid or Hammer PriceDescription
1The Collectors' Auction 2007 on 10/19/2007$340.00
1902 $10.00. Fort Smith, AR Charter# 10609 Blue Seal. F.
The City National Bank of Fort Smith, Arkansas. Popular Arkansas title, and a note with great purple signatures. Small pencil marking on the left margin. No pinholes or tears.
1The Midwest Summer Sale 2006 on 07/21/2006$340.00
1902 $20.00. Fort Smith, AR Blue Seal. VF.
Charter# 7240. The Merchants National Bank of Fort Smith, Arkansas. Appealing as a VF with nice signatures, but very tight bottom margin. Bright with strong blue ink presence.

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