13844

Colman, SD - $5 1902 Red Seal Fr. 587 The First

Currency:USD Category:Coins & Paper Money Start Price:7,250.00 USD Estimated At:15,000.00 - 25,000.00 USD
Colman, SD - $5 1902 Red Seal Fr. 587 The First
<B>Colman, SD</B></I> - $5 1902 Red Seal Fr. 587 <B>The First NB</B></I> Ch. # (W)6688<BR> This is a great South Dakota rarity, as is one of only two $5 Red Seals extant from all banks in the state combined. The other example listed in the Kelly census is the only note known from the United States NB of White Lake and is a note which has never been offered at public sale. This piece traces its pedigree to one of the most significant currency hoards ever uncovered in this country, the Ella Overby hoard in Starbuck, Minnesota. The widowed Ms. Overby carefully saved a portion of her deceased husband's railroad pension in fruit jars which she buried in her front yard when full. When the trove was uncovered years after Ms. Overby's demise, a passel of great rarities were discovered and offered, as was this piece, on Hickman and Waters' fixed price lists during the early 1970's. Pen signed <B>Very Fine, </B></I>with a vivid red overprint, a great note worthy of the finest of collections. <B> </B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)