Series 1902 $5 Alaska national bank note valued between $6K and $10K in July Manifest Auctions sale

Note graded by auction firm as Very Fine one of 240 lots in South Carolina auction
By , Coin World
Published : 07/10/14
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A Series 1902 $5 note issued by the First National Bank of Fairbanks (District of Alaska) will be offered in a July 12-13 auction conducted by Manifest Auctions.

The note was graded by the auction firm as Very Fine “with no condition issues to speak of,” according to the catalog description.

The pen signatures of George Hutchinson, president, and E.H. Stroecker, cashier, are very clear. The note has an estimate of between $6,000 and $10,000.

Also among the more than 240 lots of U.S. paper money to be offered is a Series 1896 $2 silver certificate, graded About Uncirculated 58 by Paper Money Guaranty.

According to the cataloger, “this note has been in the census as Gem and has been called that by other auction houses. I see embossing and no folds or problems.” The note has an estimate of between $4,000 and $5,000.

Also to be offered is a Series 1896 $5 silver certificate graded Superb Gem 67 Premium Paper Quality by PCGS Currency. It has a pre-sale estimate of $10,000 to $20,000.

The designs on the Series 1896 $2 and $5 silver certificates are considered part of an “Educational note” series noted for its elaborate engraving and considered to be issued during the “golden age” of paper money.

The auction firm is owned and operated by Manning Garrett and Dale Fenton. The auction will take place at the firm’s offices located at 361 Woodruff Rd. in Greenville, SC 29607.

Lot viewing and bids can also be made on the Manifest Auctions website.

For more information, email the firm at info@manifestauctions.com or telephone the firm at 864-430-4020.

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