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Description

7743 - The First National Bank of Elko
Elko, Nevada
1905-1936

$5 1902 Third Charter, Red Seal, "P," (Fr-587 S-1228).
Very Good/Fine

7743 - The First National Bank of Elko, Nevada
Cashier: R.H. Mallett, President: Oscar J. Smith
Double Serial Number 1981 - R27176, 1 example is known.
This Eastern Nevada bank issued 11,000 $5 red seal notes. This is the only example known to have survived. The bank's outstanding circulation of large size notes remains at slightly over $6,000. Despite the popularity of national notes for the last 20 years, no new Elko red seals have appeared. This note was plated by Warns in his book and continues to be one of the few known Nevada red seals. Extremely rare.

Coin Index Numbers: (NGC ID# E3GS, PCGS# 9607, GSID# 10445)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 174,014


Auction Info

Auction Dates
August, 1995
16th-19th Wednesday-Saturday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 242
Sold on Aug 18, 1995 for: $9,625.00
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