RARE: $10 1902-RS Old Detroit NB Detroit, MI RED SEAL NATIONAL REPLACEMENT PMG Very Fine 25

This is an exciting and scarce Red Seal from the Old Detroit National Bank in Detroit, Michigan. In fact, it is just one of two $10 Red Seals known on the bank, and only 4 others exist in different denominations (2x $5 and 2x$20.) It has an incredible bank name and great eye-appeal!

However, its real "claim to fame" is that it is a replacement large size National Bank Note. The BEP used a distinctive old style font in the 1903-20 era to produce replacement notes with make-up sheets that have identical serial numbers as the sheets that were being replaced. The replacement sheets were made with the help of a "paging machine." The earlier font for replacements has a "tighter" appearance when compared to the later font.