1902 $10 Red Seal National Serial No. 1 - Montgomery, PA (Charter 8866)

This 1902 $10 Red Seal from the Farmers & Citizens National Bank of Montgomery, Pennsylvania, is a standout -- the sole 1902 Red Seal note from the bank, and serial number 1 at that. A unique and exceedingly rare note.

Graded Choice Extremely Fine 45 by PMG, this note offers excellent eye appeal with its vibrant red overprint and crisp detailing. The obverse features a portrait of William McKinley, flanked by ornate patterns and a vivid red Treasury seal. The boldness of the serial numbers and the signatures are well-preserved, while the margins are balanced. The reverse features an intricate depiction of a seated allegorical figure, maintaining strong details and a deep green color that underscores its limited circulation. Overall, the note is in impressive condition for its age, showing minimal signs of handling.