Newport, New Hampshire. $5 1902 Red Seal. Fr. 587. The First NB. Charter #888. PMG Choice About Uncirculated 58.The 1902 red seal type is among the most avidly collected National Banknote types, as the brilliant overprinting attracts immediate attention. The scarcity of these notes is several factors greater than their later issued blue seal counterparts. The state of New Hampshire has only about 50 red seals known, regardless of bank or denomination. A significant number of that overall population is from this Newport bank that features the attractive charter number of 888. The grade is also quite important as only a few for any New Hampshire bank are found at this About Uncirculated level. Another prize note!
