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Real Estate Loan and Trust Company of Washington, D.C.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:0.00 USD Estimated At:125.00 - 250.00 USD
Real Estate Loan and Trust Company of Washington, D.C.

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Auction Date:2010 Apr 15 @ 11:00 (UTC-4 : AST/EDT)
Location:Crowne Plaza Hotel. 401 South Van Brunt St, Englewood, New Jersey, 07631, United States
Washington, D.C., 1877. $500. P-Unlisted. Issued note or banknote. Black border, titles and text with Allegorical women on left and right and "500" underprint in red in middle, back green with text that states that 1000 notes of $500 denomination are secure by 75,000 acres of land. Title states "Real Estate Note .....Secured by Deed of Trust" and is payable at 7% interest. Evidently a circulating bond, since it is banknote sized or a small bond (I think the former). Condition appears VF but there are approximately 20 very small pin holes on the left side of note that are difficult to see unless held up to light. Attractive and scarce high denomination obsolete banknote. Printed by Excelsior BNC located in Washington, D.C.