Rare 1892 Creede banknote goes up for auction

Its face value is $5, but an 1892 bank note issued by the National Bank of Creede could sell for $90,000 or more when it is auctioned next week [SB: 13 December 2012]. The extremely rare note is likely to generate a good deal of interest from collectors, especially those in Colorado, said Paul Song, director of coins and medals for the auctioneer, Bonhams of New York City. Song said Bonhams' value estimate of $70,000 to $90,000 is just an educated guess, because no other bank notes from the long-defunct Creede bank are known to exist.

If only more people cleaned up their attic we would have much more of these beauties available perhaps.

Source

© Bonhams
Steven Thursday 06 December 2012 at 08:19 am | | links
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