Sheik's Large National Bank Type Set
1902 Red Seal $5 National Bank Note

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Note Details

Set Details
Note Description: $5 1902 Red Seal National Bank Notes
Grade: 66 EPQ
Country: US
Note Number: 587
Seal Type: Red
Signatures/
Vignettes:		 Lyons
Roberts
Certification #: 1620924-005  
Owner: Sheik Sheck
Sets Competing: Sheik's Large National Bank Type Set  Score: 2821
Sheik 1902 Type Set  Score: 2821
Sheik's Large National Type Set  Score: 2821
Sheik $5 Large Type  Score: 2821
Date Added: 11/4/2018
Research: See PMG's Census Report for this Note

Owner's Description

Wow!!! PMG reports that 362 Fr-587's ($5 Red Seals with Lyons and Roberts signatures as of 6/1/2019) (NOW: 391 as of 12/27/2019) have been graded. This note is graded higher than 390 of those notes!! TWO $5 red seal notes are reported at PMG 66 EPQ. This is one of those notes. How can I not love this beauty? Add to the fact that I have been chasing Ch #6301 since I love the name and diversity of Mellon signatures. I have a $5, $10 and $20 red seal from this Charter and a $5, $10 and $20 Blue Seal. This Red Seal from this private name bank which displays the signature of A. W. Mellon as President. Andrew Mellon was a successful banker, businessman and philanthropist who was appointed Secretary of the Treasury in 1921, serving for a decade under Presidents Harding, Coolidge and, Hoover. At President Roosevelt's direction, he was subjected to a grand jury proceeding by the Justice Department (the grand jury declined to indict him despite the best efforts of the Justice Department) along with a subsequent civil proceeding alleging tax fraud (which ended in his complete exoneration, albeit several months after his death). Mellon donated his fabled art collection plus $10 million to cover construction costs to the museum which became the National Gallery of Art in Washington, DC. TOP POP!

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