Salem, New York. 1902 Plain Back $10 Fr. 624. The Salem NB. Charter #7588. PMG Very Good 8 Net. Rust.

While the Census indicates a sheet of Small Size Type 2 $10s was evidently cut and distributed, Large Size notes are quite rare, with only two $5s and one $10 shown, all in low grade. This $10 has seen its share of use, but the oft-used phrase "find a better one" comes to mind. We find it a bit odd that PMG mentioned "rust" on a note of this grade as the two tiny spots are nearly impossible to locate and do not impact this note in the least. An April 2012 offering brought $460. PMG comments "Rust."

Estimate: $300.00 - $500.00